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Packaged food makers gear up to hike prices as input costs bite

Packaged food makers gear up to hike prices as input costs bite

Britannia, Parle, Mondelez, and Dabur consider increasing prices by 4-10% due to rising costs of key ingredients like flour, cocoa, and sugar. This follows several quarters of price reductions meant to boost demand. Companies aimed to ensure volume growth while facing food inflation and fluctuating commodity prices, predicting a gradual price increase.

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