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Emerging Markets Will Be Major Source Of Revenue For Large Businesses

February 20, 2012: 02:00 AM EST
Unilever chief operating officer Harish Manwani said multi-national companies must be flexible enough to manage challenges posed by the need to balance inflation and growth in emerging markets, which are also affected by the global economic slowdown. He added that emerging markets will account for up to 70 percent of Unilever’s business and revenue.
Sudeshna Sen, "70% of our business will come from developing markets: Harish Manwani, Unilever", Economic Times, February 20, 2012, © Times Internet Limited
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