Hormuz shock hits kitchen shelves: Amul, Mother Dairy, Modern Bread lead 3-7% price hikes

Middle East conflict and a weak rupee are pushing FMCG input costs up 8-10%, with palm oil +11%, Brent +32%, HDPE +56% and hazelnut +75% YoY. Amul and Mother Dairy raised milk Rs 2/litre, Modern Bread Rs 5/pack, LPG at Rs 913. Beer makers seek 15-20% hikes; shrinkflation likely through H1 FY27.

Middle East conflict and a weak rupee are pushing FMCG input costs up 8-10%, with palm oil +11%, Brent +32%, HDPE +56% and hazelnut +75% YoY. Amul and Mother Da

Times of India · Business · 5/31/2026, 8:14:27 AM · Ask about this →

Amul + Britannia + Manforce + Mankind Pharma + Modern Bread + Mother Dairy +