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Biscuit makers to hike prices by 10 to 20%; Rise in raw material costs
date:Aug 29, 2012
osts of electricity, fuel and transportation have also escalated in recent times. The latter is because of the periodic hikes in the prices of petrol and diesel.

While that is the scenario with regard to input costs, IBMA points out, biscuits are hygienic snacks consumed all over India, irrespective of the strata one belongs to, and a staple for the common man in both rural and urban areas. Further, biscuit makers operate on thin margins, because they are price-sensitive and the market is highl

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