Source: Reuters (via feed)
SLMG Beverages, Coca-Cola’s largest bottler in India, could raise some prices. This could happen if rising packaging costs linked to the war in the Middle East are difficult to absorb. A senior executive at the company made this statement.
The executive noted that cost increases are connected to the ongoing conflict in the Middle East. He gave no further details about the timing or scale of possible price changes.
The statement was made during a recent company discussion. No additional information was provided on other operational impacts.
BizTrendWire Insight:
SLMG’s potential price changes relate directly to rising packaging costs connected to the Middle East conflict.
SLMG’s potential price changes relate directly to rising packaging costs connected to the Middle East conflict.
