More firms push for escalation clauses in their supply contracts | Mint - Mint
7/11/2022 12:00:00 AM3 years 7 months ago
by Ujjval Jauhari, Deborshi Chaki
by Ujjval Jauhari, Deborshi Chaki
Price escalation clauses, which have been largely limited to contracts in power and infrastructure sectors, are making their way to sectors such as automobiles and cement, analysts said.
Companies are increasingly pushing to rework supply contracts to factor in likely cost escalations, as volatility in commodity prices puts pressure on their margins. Price escalation clauses, which h… [+2743 chars]
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