 "Food inflation in India to increase as chicken, milk may cost more")
Food inflation in India will probably accelerate in the coming months on stronger prices of fruits, vegetables and chicken following poor supplies, according to a top executive of the nation’s biggest animal-feed company.
Weaker prices of animal protein due to poor demand from bulk users like hotels and banquets, which account for one-third of total consumption, during the coronavirus-related restrictions discouraged farmers to invest in expansion, causing a tightness in the market, said Balram Yadav, managing director of Godrej Agrovet.
Farmers “are wary about the future,” Yadav told Bloomberg TV in an interview. Prices of some commodities such
Weaker prices of animal protein due to poor demand from bulk users like hotels and banquets, which account for one-third of total consumption, during the coronavirus-related restrictions discouraged farmers to invest in expansion, causing a tightness in the market, said Balram Yadav, managing director of Godrej Agrovet.
Farmers “are wary about the future,” Yadav told Bloomberg TV in an interview. Prices of some commodities such
