Rising dairy costs leave sweet makers in a bind
Companies are weighing how much of the higher input costs they can pass on without hurting volumes.
As India approaches its busiest festive season, a price conundrum is unfolding in the country's mithai (sweet) establishments. With rising costs of milk, ghee, and butter, bakers and confectioners across the nation are grappling with a dilemma on how to keep production costs in check while maintaining profitability. In Bengaluru alone, various sweet shops such as those in Kolkata's Sweet Bengal, Lal Sweets, and national giant Bikaji are employing different strategies to navigate this challenging landscape.
Vaeshnavi, a correspondent for Mint's consumer economy team, reports on the business of consumption in India, covering retail, food and beverage, and the rapid growth of quick commerce. As a recent graduate of the Asian College of Journalism's Bloomberg Business and Finance program, she aspires to make complex financial concepts accessible through her storytelling.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
