FMCG products might become costlier in India soon
Fast-moving consumer goods (FMCG) companies are preparing for another round of price increases in India. This comes after recent hikes of 3-5% across products like soaps, detergents, biscuits, packaged foods, and beverages. The price rises are being driven by crude-linked inflation, higher packaging and fuel costs due to geopolitical disruptions. These factors have been squeezing margins across sectors including food,…
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