large scale image
LCP Image

Back to TSCFM News

Food companies will not hike prices of products

March 31, 2020

Food companies will not hike prices of products

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”.

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services
Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices
Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices
Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

Enquire Now
REQUEST A CALLBACK
Chat on WhatsApp