“Glass is one factor and will contribute to a third of this ₹400-500 crore. Glass bottles are very critical,” managing director and chief executive Vivek Gupta told Mint, adding that aluminium cans are another pressure point, up 20–25% and in short supply in India, and pointed to broader cost pressures, including raw materials, labour code changes and export weakness, particularly in West Asia.
United Breweries flags ₹400–500 crore cost hit as margins come under pressure
Date:
More like thisRelated
RBI Bulletin says Indian economy remains resilient but global risks are rising
India’s economy remains resilient despite a worsening global backdrop,...
12 years of Make in India: What worked, what’s unfinished and what comes next
India has made visible gains in manufacturing over the...
Why India did not sign an FTA with China, according to Piyush Goyal
India had signed trade agreements with economies such as...
EU regulations could push up costs and hurt European businesses, Piyush Goyal says
Commerce and Industry Minister Piyush Goyal has warned that...