Appliance and consumer electronics makers plan 5-8 per cent price hikes from October 1, citing rising copper, steel, aluminium, crude derivatives, freight costs and currency volatility. The increase marks the industry’s third revision this year ahead of the festive season
FMCG companies are expected to hold prices through the festive season despite rising commodity costs and geopolitical disruptions. Firms have implemented modest 2-5 per cent hikes but are prioritising volume growth, consumer demand, cost optimisation and festive-season consumption over further price increases
Major FMCG companies, including Hindustan Unilever, Dabur India and Britannia Industries, are planning calibrated price hikes due to rising crude-linked inflation, packaging costs and fuel expenses. Consumers may also face reduced product grammage amid global supply-chain disruptions
