date:Oct 22, 2012
e representatives of the packaging industry feel that the new packaging norms will encourage competition and also shoot the prices of many products and the burden of it will be passed on to consumers.
They added that the companies would no longer have the window available to tweak grammage, in case the raw material prices increase. This will mean they will have to increase product prices to avoid eroding margins.
While most companies are bracing up for the situation, Godrej Consumer Pvt Ltd (G