date:Aug 10, 2012
Consequently, atta is now being procured at about 20 per cent more than the price bakers paid for the raw material earlier.
Ramesh Mago, president, All India Bread Manufacturers' Association (AIBMA) and proprietor, Kitty Industries Pvt. Ltd, Ludhiana, confirmed this, adding, Apart from the ingredients used to make bread, the rising power tariffs in various parts of India is also a factor influencing this hike. The company hiked prices by 10-12 per cent in key North Indian markets such as Punjab