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FMCG, paint companies feel the pain as rupee slides to an all-time low

The rupee's free fall comes at a time when FMCG and paint companies have been battling higher raw material costs for over a year, and have been forced to go for multiple rounds of price hikes

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FMCG companies, too, are concerned about the overall inflation across commodities due to which, they are having to constantly take price hikes.

Mumbai
A weak rupee is playing spoilsport for fast moving consumer goods (FMCG) companies even as they heave a sigh of relief over Indonesia lifting the ban on the export of

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First Published: May 23 2022 | 6:10 AM IST

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