BusinessPhoto: NDTVMcDonald's, KFC, Nestle Avoid Price Hikes Amid Inflation in India
Major consumer companies in India, including McDonald's operator Westlife Foodworld, KFC, and Nestle, are absorbing rising costs from inflation instead of increasing prices. This cautious approach aims to protect financially stretched consumers and maintain store traffic. India's inflation hit 5.54% in September, with food inflation at 7.74%, pressuring corporate margins and prompting firms to hold prices steady despite rising costs.
NDTV·



