{"id":4800,"date":"2021-01-12T10:11:47","date_gmt":"2021-01-12T04:41:47","guid":{"rendered":"https:\/\/indiacityblog.com\/?p=4800"},"modified":"2021-01-12T10:11:47","modified_gmt":"2021-01-12T04:41:47","slug":"fmcg-players-consider-price-hike-amid-inflationary-pressure-on-raw-material-inputs","status":"publish","type":"post","link":"https:\/\/indiacityblog.com\/retail\/fmcg-players-consider-price-hike-amid-inflationary-pressure-on-raw-material-inputs-4800\/","title":{"rendered":"FMCG players consider price hike, amid inflationary pressure on raw material inputs"},"content":{"rendered":"
January: FMCG companies are considering a marginal price hike of their products in order to normalise the inflationary pressure they have been facing on their raw material inputs. Marico, an FMCG company has already gone for a price hike, but simultaneously companies like Dabur, Patanjali and Parle<\/a> and monitoring the situation closely.<\/p>\n Mayank Shah serving as Parle Products Senior Category Head, told PTI, “We have seen a significant rise in input cost and especially edible oil in the last three to four months and that is putting pressures on our margins and costs. As of now, we have not taken any price hike but we are closely monitoring it and if it goes like this then probably, we may go for a price hike. It will be across products as edible oil is being used in all products. It would be at least 4 to 5 per cent.”<\/p>\n However, it is a wait and watch situation for Haridwar-based Patanjali Ayurveda. A Patanjali spokesperson, S K Tijarawala quoted, “We always try to absorb the market oscillation but if compelled by the market factors, we would take a final decision on that.”<\/p>\n