Food industry struggles with rising sugar prices

Food industry struggles with rising sugar prices

—File photo
—File photo

The increase in the price of sugar by 30 to 40 rupees has increased the difficulties of the food industry.

Industrialists say that if the price of sugar does not rise, many food factories will be closed and the stoves in the homes of the workers will go cold.

Industrialists have said that the food industry not only fulfills the domestic demand but also exports products worth millions of dollars.

He said that the increase in the price of sugar by 30 to 40 rupees during a month has broken the back of the food industry.

Manufacturers further say that the recent hike in sugar prices will make bakery items, sweets and other sugar-based products more expensive.

Industrialists have demanded that they will be forced to shut down food factories if the self-inflicted sugar price hike is not withdrawn.

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Food industry struggles with rising sugar prices
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