Fuel price hike: logistics, quick commerce and consumer firms brace for higher costs
New Delhi, May 15 -- Bengaluru,
Mumbai :
The Rs.3-per-litre rise in petrol and diesel prices is expected to increase supply chain costs across India, with logistics, quick commerce and consumer goods companies preparing for higher transport and delivery expenses amid weak demand and rising input costs.
Several companies Mint spoke to, including MilkyMist, iD Fresh Food, BigBasket, Zippee, The Organic World, ColdStar and StoveKraft, warned that prolonged high fuel prices could force them to rethink pricing strategies.
If fuel prices remain elevated for several quarters, companies across sectors may tighten free-delivery thresholds, reduce discounting, increase minimum order values, and limit ultra-fast deliveries in lower-density areas...
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