Britannia, Nestle, Colgate most vulnerable to India's new PWM norms, say Kotak analysts
→ Оригинал (без защиты от корпорастов) | Изображения из статьи: [1]
![[1]](image.php?loc=IN&i=https://images.moneycontrol.com/static-mcnews/2024/04/FMCG.jpg){kind=link}
May 06, 2024 / 02:16 PM IST
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
`);
}
if (res.stay_updated) {
$(".stay-updated-ajax").html(res.stay_updated);
}
} catch (error) {
console.log('Error in video', error);
}
}
})
}, 8000);
})
Analysts believe that India's new plastic waste management norms are likely to impact the revenues of consumer staple companies such as Britannia, Nestle, and Colgate in FY25 as their packaging costs are set to rise
Company-wise, Britannia, Colgate and Nestle is expected to be most impacted, while Godrej Consumer Products, ITC, Jyothy Labs and Varun Beverages will remain the least impacted by the new PWM rules, say analysts