Edible Oil Duty Cut Could Boost Snack Makers' Margins
The recent cut in edible oil import duties is expected to reduce costs for manufacturers of biscuits, noodles, and fried snacks. However, analysts suggest that the price reduction for consumers may not happen immediately. Companies are likely to use the savings initially to restore profit margins that were squeezed by rising input costs, with benefits taking time to reach the market.
TOI Business·3h ago


