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With the government banning plastic straws with effect from July 1, the Rs 6,000-crore small tetra pack industry making beverages have no choice but to shift to paper straws, which are more expensive
Nestle has already made the switch; Dabur, Amul, Parle weigh options
Companies have argued that there is no clear alternative to plastic straws and the government mandate on paper straws is unworkable
A think tank has requested GST Council to levy a higher tax of 18 per cent on tetra pack, arguing that the product is incorrectly categorised in the 12 per cent slab as a paper-based aseptic packaging
Although, the firm sources its raw materials from domestic companies, around 60-70 per cent of its raw material used to make the 6-layer tamper proof packaging is imported
Be it through social media, or the product pack, the consumer wants to 'talk' to brands, not be 'spoken to', says Manohar
Chinese regulators found the company guilty of using its dominant market position to restrict co-operation with rivals