Britannia's price plans shows coming inflationary pain - Economic Times


3/30/2022 12:00:00 AM3 years 1 month ago
by Bloomberg

“Ive never seen two years which are as bad,” Managing Director Varun Berry said in an interview at the companys headquarters in the southern city of Bengaluru. “Our first assumption was a 3% inflation this year, which obviously went wrong by a very big margin…

Indias biggest cookie manufacturer, Britannia Industries Ltd., plans to hike prices as much as 7% this year in another sign that inflationary pressures will hurt poorer consumers the most, as the war… [+3090 chars]

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