Hindustan Unilever takes nearly 6 lakh sq ft warehouse lease in Bhiwandi
Hindustan Unilever has leased nearly 6 lakh sq ft of warehouse space in Bhiwandi near Mumbai for seven years, with commitments exceeding Rs 150 crore and a 5% annual rent escalation, to strengthen supply-chain efficiency across the Mumbai Metropolitan Region.
Hindustan Unilever leased nearly 6 lakh sq ft of warehouse space in Bhiwandi near Mumbai for seven years, committing over Rs 150 crore with 5% annual escalation to strengthen supply-chain efficiency across the Mumbai Metropolitan Region.
Why this matters
Alongside HUL's planned festive-season price hikes amid input costs, the Bhiwandi lease adds logistics capacity as FMCG brands revive ad spending on improving consumer sentiment.
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