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Price Hikes Not Enough To Protect Consumer Goods Makers' Margins
India’s consumer goods makers have increased prices as commodity costs rise. But, will it be enough to protect margins?
07 Jul 2021, 01:26 PM IST
India’s consumer goods makers have increased prices as commodity costs rise. That may be inadequate to protect margins.Dabur India Ltd. told BloombergQuint it has raised prices. Its larger peer Hindustan Unilever Ltd., IDBI Capital said in a report, has increased maximum retail price by up to 17%—with its shampoos turning 8-10% costlier in the first six months of the year. Marico Ltd. has also hiked prices, while Britannia Industries...
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