🇮🇳 India 4h ago · Akash Pandey

How US-Iran war is affecting India's FMCG sector

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How US-Iran war is affecting India's FMCG sector
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The fast-moving consumer goods (FMCG) industry is grappling with a major increase in packaging costs, which have gone up by 15-20%.
The spike has been attributed to the ongoing conflict in West Asia.
Rising crude oil prices, higher logistics costs, and rupee depreciation are all contributing to the disruption of the packaging supply chain across various sectors.

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