Categories: BUSINESS

More brands in store, but price cuts may lag

New British brands are expected to enter Indian markets, offering consumers more retail choices. While duty cuts are beneficial, rupee depreciation may limit immediate price reductions. Some brands are pausing price hikes and reducing costs on specific product categories. Global supply chain issues and currency volatility also impact pricing strategies for businesses. Over time, consumers can anticipate more competitive pricing as import duties are further reduced.
Sumitra

Recent Posts

NSE’s Ahimsa index targets cruelty-free investing

NSE Indices has launched the Nifty 500 Ahimsa Index for investors. This new gauge includes…

7 hours ago

Ex-tech execs’ startups find favour with VCs, says report

Startups founded by former tech professionals are attracting venture capital investment. These operator-led ventures, though…

7 hours ago

Making waves underground: India’s first undersea rail tunnel takes shape

India's first undersea rail tunnel excavation has commenced for the bullet train project. A giant…

2 days ago

IRDAI launches comic book series to simplify life insurance for consumers

IRDAI chairman Ajay Seth unveiled a new comic book series to improve life insurance literacy.…

2 days ago

Textile sector to sew loose ends as FTAs kick in

New free trade agreements offer Indian textile exporters significant tariff advantages. The UK deal eliminates…

3 days ago