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Food companies will not hike prices of products
March 31, 2020
Food companies will not hike prices of products despite the increase in price of raw materials due to the lockdown.
Some factories have started working after logistical discontinuity and the production is rising slowly after seeing a huge fall.
Mayank Shah, category head at Parle Products, said, “Company is expecting to be back in game in next few days in terms of logistics network. Company is focusing on delivery of products instead of making profits”.
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