Unilever’s growth ambitions hinge significantly on India, with the country emerging as a key anchor market for the company’s medium-term volume growth plans, according to chief executive officer Fernando Fernandez.

Speaking in an interview with JP Morgan’s head of consumer staples, Celine Pannuti, Fernandez said India’s economic momentum and demographic scale position it as a major driver of Unilever’s global performance. India currently contributes 14% of the company’s revenue, compared with 21% from the US. Fernandez noted that if Unilever can deliver close to 4% volume growth in both markets, it would translate into around 1.6% growth at the company level, forming the backbone of its plan to achieve more than 2% volume growth overall.

He pointed to rising incomes and consumption bey

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