Cost of doing business, production rising for majority of companies across India

 

Cost of doing business, production rising for majority of companies across India: FICCI survey   Owing to multiple factors, companies across India are seeing a rise in the cost of doing business and production, according to a survey by the Federation of Indian Chambers of Commerce and Industry (FICCI). Experts believe this rise will make products expensive in days to come and it won't bode well for the consumers.Prices of automobiles, electronics, capital goods, toys, paper products, fertilisers and pharmaceuticals are expected to rise. At least 61 per cent of companies surveyed by FICCI have reported higher production costs in the second quarter of 2021-22 Read More ❭❭ Click Here to Unsubscribe