- LG Electronics and Shoppers Stop are leveraging the Indian market as a base for product development and sales.
- Economic headwinds, including rupee depreciation and raw material inflation, are impacting retailers like Shoppers Stop and LG Electronics in the Indian market.
Rising raw material costs are forcing Indian companies like Britannia and Parle to reduce product grammage.
2 reports, 1 independent
Updated Sep 1
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Rising raw material costs are forcing Indian companies like Britannia and Parle to reduce product grammage.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Parle Products is responding to new food labelling requirements set by the Food Safety and Standards Authority of India.Sub-event
- Lakhotia Polysters (India) Limited reported restricted net margins due to escalating raw material inputs.Sub-event
Companies are cutting product size to combat rising raw material costs and inflation.1 source
Keep exploring
The entities involved
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Britannia Industries
Indian multinational food products company
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Parle Products
Indian food products company