The soaring cocoa prices are causing ripples in the chocolate and ice cream industry. Amul considers a substantial hike in chocolate prices due to cocoa bean costs rising to Rs 800/kg from Rs 150-250/kg. However, it plans to maintain ice cream prices. Baskin Robbins also feels the pinch but refrains from immediate price increases. Havmor Ice Cream, anticipating this challenge, aims to uphold current pricing through strategic measures.
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