PRANAB DA EFFECT

HOW INCREASE IN EXCISE DUTY IS EFFECTING CONCERN COMPANIES CAN BE NOW CLEARLY SEEN BY THE INCREASE IN PRICE OF THERE PRODUCTS. EARLIER THE SCENARIO WAS LITTLE BIT DIFFERENT COMPANIES REDUCES THE PRICE OF THE PRODUCT DUE TO THE COMPETITION WHICH THEY WERE FACING FROM DIFFERENT COMPANIES BUT TODAY THE SCENARIO IS DIFFERENT THEY ARE INCREASING THE PRICE DUE TO INCREASE IN EXCISE DUTY, WE CAN SEE THAT SLOWLY AND STEADILY COMPANIES ARE INCREASING THE PRICE OF THERE PRODUCT
DOES IT NOT LEAD TO INFLATION ?
IT WILL SURELY DO A 2% INCREASE IN EXCISE DUTY IS RESULTING IN INCREASE IN PRICE OF THE PRODUCTS FROM AUTO MAJOR COMPANIES TO THE COMPANIES WHICH ARE INTO THE BUSINESS OF HAIR,ORAL & SKIN CARE ETC.
THE HOMEGROWN FIRMS LIKE DABUR & MARICO ARE PLANNING TO INCREASE THE PRICE OF THERE PRODUCT BY 1-5 RS, THIS TYPE OF INCREASE HAS ALREADY BEEN DONE BY EMAMI IN THERE PRODUCT LIKE ZANDU BAM(RE. 1) AND NAVARATAN OIL(RE. 2-5) FOLLOWING IT DABUR IS PLANNING TO INCREASE THE PRICE OF THERE PRODUCTS WHILE MARICO WHICH SELLS VARIOUS BRANDS INCLUDING PARACHUTE,SAFFOLA AND HAIR AND CARE P PRODUCTS IS ALSO LOOKING FOR AN "APPROPRIATE TIME TO INCREASE THE PRICE OF THERE PRODUCTS MARICO IS FOLLOWING THE WAIT AND WATCH STRATEGY BEFORE INCREASING THE PRICE OF THERE PRODUCTS" MARICO CONSUMER PRODUCT BUSINESS CEO SAUGATA GUPTA SAID, WHILE ON THE OTHER HAND DABUR INDIA CEO SUNIL DUGGAL SAID "WE MAY EXPLORE THE POSSIBILITY OF HIKING THE PRICE OF HAIR OILS IN THE VIEW OF THE INPUT COST PRESSURE"
EMAMI IS ON THE VIEW THAT "INCREASE IN PRICE OF THERE PRODUCTS HAPPENED BECAUSE OF 40% INCREASE IN RAW MATERIAL LIKE MENTHOL AND OF COURSE DUE TO EXCISE DUTY INCREASE" SAYS EMAMI CEO SALES KRISHNA MOHAN
SO THE PROBLEM OF INFLATION REMAINS AS IT IS THANKS TO PRANAB DA