The Economic Times

A bitter pill for sweet lovers as sugar prices put festive mithai, chocolates and biscuits at risk of a hike

Consumer goods companies are planning price hikes due to high sugar costs. Bikaji Foods is already implementing a two percent increase on its sweets. Companies face significant cost increases compared to recent months. This pressure comes after previous price adjustments for commodity inflation. Further price increases or grammage cuts are anticipated in packaged foods.