Fuel price hike: logistics, quick commerce and consumer firms brace for higher costs
iD Fresh Food, which makes ready-to-cook packaged food items, is focusing on operational efficiencies across sourcing, manufacturing and distribution to manage cost pressures more effectively. “However, if there is a sustained increase in input costs, particularly in raw materials, packaging, and logistics, calibrated price increases may become inevitable in the future,” said Rajat Diwakar, chief executive of its India business.
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