π§ Britannia Chief Supports FSSAI Crackdown on Food Labels
Britannia Industries MD, Rakshit Hargave, stated that the FSSAI crackdown on packaged foods for labelling and hygiene issues is beneficial for consumers. This regulatory action has led several companies, including Red Bull and Dabur, to challenge the FSSAI's decisions. The crackdown involves numerous brands and categories across India. Hargave emphasized that consumer protection measures should always be pursued forward. Furthermore, Britannia is planning a 1.5-2% price increase in the second quarter. π§