Hindustan Unilever (HUL) says it plans to raise capital expenditure to about 3% of its turnover. The company also indicates it will pursue additional acquisitions to support growth, particularly in higher-growth categories.
HUL says it will explore new business opportunities through a mix of brand extensions and leveraging Unilever brands, alongside acquiring companies or brands where it sees growth potential. The disclosures focus on expanding in areas it expects to grow faster rather than a specific transaction or target being named.
While NDTV emphasizes the capex increase and the intent to drive growth through acquisitions, it does not provide further details such as timelines, deal sizes, or which categories will be prioritized first. The overall picture is that HUL is aligning investment and expansion strategies to support future growth plans.