Blow to consumers as India's leading FMCG companies hike prices again

Leading biscuit maker Parle Products has also increased prices by 5 per cent to 10 per cent across its product portfolio in this quarter

India’s leading fast-moving consumer goods (FMCG) companies like Hindustan Unilever (HUL), ITC and Parle Products have hiked the prices of their products in October and November in a bid to ease the pressure of rising raw material costs. 

HUL, the country’s largest FMCG company, has hiked prices in the range of 1-33 per cent across its portfolio. On an average, it has increased prices by around 7 per cent to offset higher input costs, said an industry source.

While the price of a 19ml pack of Comfort Conditioner has seen the sharpest rise — 33.33 per cent — HUL has hiked prices