Faced with higher input costs on account of the Rupee volatility, Food processing and packaging solutions major Tetra Pak India is working on improving its internal efficiencies and achieve higher economies instead of an outright price increase to maintain its operating margins.
In the last four years, the company didn’t increase prices for the six-layered aseptic package and instead relied more on improving internal efficiencies in production as well as increase its sales, Ashutosh Manohar, managing director of South Asia markets at Tetra Pak India said.
“There is tremendous cost led pressure on us now and in the coming six