Parle scraps no-return policy on expired stock as ₹100-cr inventory pile-up triggers FSSAI heat
India's largest biscuit maker reverses its long-standing no-returns stance after AICPDF distributors flagged ₹100 crore in stuck expired inventory, with FSSAI and Maharashtra FDA scrutiny intensifying. Move signals broader FMCG recall reform across a player commanding 38-40% organised biscuit share and ₹17,500-cr group revenue.
Parle, India's largest biscuit maker, is reversing its no-returns stance on expired products amid ₹100 crore stuck inventory flagged by AICPDF distributors and intensified FSSAI and Maharashtra FDA scrutiny, signaling broader FMCG recall reform.