Increased input costs impacting profitability of biscuit manufacturers: TPCI

The increase in prices of commodities such as wheat flour and refined palm oil is impacting margins of biscuit manufacturers in India, the Trade Promotion Council of India (TPCI) said on Friday. TPCI Chairman Mohit Singla said Indian biscuit manufacturers are going through turmoil and disruption on account of 35-40 per cent increase in input costs in the recent past.