date:Sep 25, 2012
The food beverage industry, which has been reeling under multiple pressures inflation, drought, and hike in electricity and water charges has received yet another jolt in the recent increase of Rs 5 for a litre of diesel.
Once again a cascading effect is expected and the industry fears that prices of all raw materials including vegetables and fruits may go up by 20 to 30 per cent in the coming days.
M A Tejani, president, All India Food Processors' Association (AIFPA), and MD. Gits Foods, s