India Inc goes for price hikes again as input cost pressures increase

Durables, paints, and consumer staples among worst affected by raw material prices

Companies across categories such as durables, paint, and consumer staples are raising product prices by 2-5 per cent as input cost pressures increase.
 
While palm oil, used to make soaps, has come off its peak and metal prices are showing signs of cooling off in the past month, crude oil continues to remain volatile.
 
Metals such as aluminium and copper are used to make durables.
 
Crude-linked derivatives, such as titanium dioxide and linear alkyl benzene, go into paints and detergents, respectively.
 
High-density polyethylene, also a crude oil-linked derivative, is used as packaging material for all essential