Brands
HUL picks up a stake in Lucro to turn plastic waste into treasure
MUMBAI: Hindustan Unilever Ltd (HUL) is putting its money where its sustainability pledge is, snapping up a 14.3 per cent stake in Lucro Plastecycle, a rising star in recycled flexible plastics. The deal, approved by HUL’s board today, marks a fresh push towards a zero plastic waste future.
Lucro isn’t just in the business of recycling—it’s on a mission to turn trash into cash by converting post-consumer flexible plastics into high-quality recycled material. The tieup with HUL aims to boost the supply of recycled content for packaging, giving businesses a clearer path to sustainability and tackling the challenge of hard-to-recycle plastics.
“This investment is a significant step in building the capabilities in recycling and developing the circular economy model for plastic, which is in line with our firm belief that what is good for India is good for HUL,” said HUL CEO & MD Rohit Jawa.
Lucro managing director Ujwal Desai said the deal will help ramp up recycling capacity and drive large-scale commercial adoption of post-consumer resin. “This investment by HUL paves the way for us to set a new benchmark for sustainable plastics,” he said.
HUL, India’s biggest FMCG player, already reaches nine out of ten Indian households—and now, it wants to clean up the planet while it’s at it.
Brands
Davidoff appoints Ahaan Panday as first Brand Ambassador for India
Actor to front new chapter as brand launches Cool Elixir fragrance.
MUMBAI: Davidoff has just found its perfect new splash in India and he comes with star power and a cool, confident vibe. The iconic Swiss fragrance house has announced actor Ahaan Panday as its first-ever Brand Ambassador for India, marking a significant milestone in the brand’s journey in one of its most dynamic markets. Ahaan Panday, known for his fresh energy and strong connect with younger audiences, embodies the modern Davidoff man self-assured yet carefree, ambitious yet grounded. His appointment aligns perfectly with the brand’s “gentleman adventurer” philosophy of adventure, refinement, and living life with intensity.
Sharing his excitement, Ahaan said: “Davidoff is one of those brands I’ve always associated with memories growing up. Cool Water was probably the first perfume I ever tried. To now be named Davidoff’s first Brand Ambassador for India feels incredibly special. I’ve always seen Davidoff as a symbol of confidence and staying true to who you are.”
The collaboration coincides with the launch of Davidoff’s latest global fragrance, Cool Elixir: The New Oud Treasure. This bold composition reinterprets freshness with depth and intensity, featuring a noble oud accord layered with lavandin absolute and rose oxide.
For decades, Davidoff has enjoyed cult status in urban India. With Ahaan Panday now leading the charge, the brand is set to strengthen its cultural presence and connect with a new generation of fragrance enthusiasts through a more contemporary and relatable voice.
In the competitive world of luxury fragrances, Davidoff has made a splash by choosing a young, authentic Indian talent to carry its legacy forward. Expect the scent of success — because when Ahaan Panday teams up with Davidoff, the fragrance game in India is about to get even cooler.
