News
 Home
 About Us
 Corporate Care
 Recognition
 International Business
 News
 Careers
 Lifespace Store Locator
 Dealer Locator
 What's New
 Contact Us
 Sitemap
 
Consumer products' growth rate to slow down

Due to high input costs and inflation, the growth rate in consumer products is likely to slow down in the next six months, Godrej & Boyce Mfg Co's Chairman and Managing Director, Jamshyd N Godrej, said.

"With the rise in oil prices and almost all raw material prices shooting up, input costs have increased," he said on the sidelines of a book launch. Moreover, due to inflation, people were restricting their budgets and the impact of all these factors would be felt six months from now, he said.

"We have recently raised prices across all consumer products by around two to three per cent," Godrej said, adding "we cannot suddenly raise prices very high since people would stop buying."

On the Rupee, Godrej said that a weakening of the Rupee would help the country's exports.

Exports was a cause of concern last year due to the appreciation in the Rupee but in the present situation, "it is good if the Rupee remains weak for sometime as it would lead to less imports and help exporters," he said.
 

 
 

Copyright © 2007. Godrej & Boyce Mfg. Co. Ltd.
Privacy Policy | Terms & conditions | Designed, Developed & Maintained by: Godrej Infotech Limited
This site is best viewed in I.E. with a 800 x 600 monitor resolution