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FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressures softening on key raw materials for everything from soaps to food items.
New duties boon for domestic manufacturers: L&T

Ravi Uppal, President, L& T Power, says that a 10% differential duty would have been more appropriate step taken by the cabinet.

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