New Delhi, April 27 -- Varun Beverages Ltd, PepsiCo's largest franchise bottler, has built up to six months of raw material inventory, cushioning it against near-term disruptions as plastic and aluminium costs rise amid the US-Iran war.
"In our international markets, our effect will be in the raw material, practically zero to a couple of points maybe because we are well stocked till even not this quarter, but the next quarter also. We normally carry six months inventory in international," said Raj Pal Gandhi, whole-time director, in the quarterly analyst call.
Mint had earlier reported that prices of PET resin (used for plastic bottles) and polyolefins (used for bottle caps, labels and pouches) have surged by 40-80% in March after the w...
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