Parle-g price hike: The company may soon increase the price of Parle-G bus. A report has revealed that Parle products, which makes the country’s largest food product, can increase the prices of their products by up to 5 per cent from January 2025. Prices hike will affect Chocolate, Snacks and other food items along with Parle-G biscuits. Changes made by the company can be implemented from January next year.
The weight of biscuits packets can also be reduced
According to CNBCTV18 report, Parle can also reduce the weight of his cheapest and lowest priced packet. The report states that the weight of the most liked ‘Parle-G’ biscuits packets can be reduced by 5 to 10 percent. The weight of packets of other cheap biscuits can also be reduced. The media report said that the increasing cost of raw materials and the increase in import duty on palm oil is affecting the manufacturers.
Product cost increases And the impact of increasing import duty on palm oil has become necessary for companies to increase the price of the product. Recently, the import duty on palm oil has been increased by the government. Palm oil is used to make biscuits. Earlier in 2021, Parle-G had announced an increase of 5–10 per cent on her favorite products such as Parle-G, Hyde and Seak and Crackjack.
At prices The main reason for the increase is a huge increase in prices of crude materials like sugar, wheat and edible oil. Apart from the biscuits, the company also increased the prices of Rusk and cake by 7-8 percent. At that time, the price of favorite glucose biscuits Parle-G was increased by 6-7 percent. However, the increase in the price of biscuits will be seen only on a pack of more than Rs 20.
