Parle-G is still the first choice of people worldwide, although its size has become smaller as its price increases. Now there is a piece of big news among all of them. In fact, Parle-G is preparing to cut the price of the Biscuit of Parle-G. Let us tell you that the company can reduce the price of biscuits as well as increase the weight of the packet. However, no official announcement has been made yet. On the other hand, according to industry experts, biscuit prices have been rising steadily for the last two years and now the prices of everyday items may come down.
Mayak Shah, senior category head of Parle-G Company, says that if the current trend continues, then the price of biscuits may see a decline of 10 to 20 per cent in the coming time. Shah was asked why the company was considering prices amid rising inflation. On this, he said that now the prices of agricultural products are gradually decreasing. Wheat rates are also coming down. At the same time, the prices of palm oil have also started dropping.
This is the reason why the company is considering reducing the price of its biscuits. For the last one-and-a-half years, companies had no other option but to increase prices. The supply chain was affected due to Covid, which became a major reason for the rise in prices. Its impact was also seen on sales. Many companies had also suffered some losses, but now margins have improved. If the company now drops in prices, they will not have to bear any loss.
Sibal furious over action against Sisodia, described ED as parrot
UP women overtook men, changing scenario revealed by labour portal data
Special event at Khatushyam temple on Janmashtami, celebration at midnight