Iran war could make beer and bottled water pricier for Indians
Makers of plastic and glass bottles are struggling to access raw materials as the war squeezes supplies.
Coverage by Political Leaning
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Notable Quotes
"The cost of preforms has increased from 115 rupees a kg to around 180 rupees per kg."
— Vijaysinh Dubbal , Executive
"But absorbing extra costs is not a sustainable practice for companies."
— Vijaysinh Dubbal , Executive
"We are asking for price increases in the range of 12-15%. We have advised our member companies to individually approach states."
— Vinod Giri , Executive
"We are asking for price increases in the range of 12-15%."
— Vinod Giri , Executive
"We’ve cut production and increased prices by 17-18%."
— Nitin Agarwal , Executive
"Rising oil prices have significantly impacted polymer costs, a key material for the industry's plastic bottles."
— Apurva Doshi , Executive
"packaging material costs have skyrocketed by over 70% in the past fortnight, necessitating a price revision."
— Angelo George , Executive
Key People
CEO of Bisleri, a major bottled water company in India.
Secretary general of the Federation of All India Packaged Drinking Water Manufacturers' Association.
Chief executive of Fine Art Glass Works.
Director of Chemco Plastic Industries Pvt Ltd.
President of the Maharashtra Bottled Water Manufacturers Association.
Vinod Giri is the director general of the Brewers Association of India.
Tags
All Coverage
Makers of plastic and glass bottles are struggling to access raw materials as the war squeezes supplies.
Global brewers in India are warning of price hikes and potential supply chain disruptions due to a gas shortage triggered by the war in Iran, affecting the cost of key raw materials like glass bottles and aluminum for cans.
The ongoing Iran war is causing significant supply chain disruptions in India's $5 billion packaged water market, as manufacturers grapple with increasing costs for plastic bottles, caps, labels, and cardboard boxes.
The escalating conflict in Iran has resulted in a sharp increase in bottled water prices across India, driven by soaring costs for plastic bottles and caps, leading to an 11% price hike by major brands like Bisleri.
The US-Israeli war on Iran is disrupting supplies of key raw materials used in India's condom industry, leading to delays and a 40-50% price increase in anhydrous ammonia, a crucial component in latex production.
The Iran war is not only disrupting the global energy market but is also threatening the world's supply of helium and aluminum, key materials used in products such as semiconductor chips, medical equipment and other everyday goods.
The Iran war has led to supply disruptions and higher beer prices in India, with global brewers facing increased costs due to gas shortages and shipping delays affecting aluminum used in can production.
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