fbpx
HomeNewsSoaring vegetable prices put a damper on winter feasts

Soaring vegetable prices put a damper on winter feasts

Prashant Issar, Director of Bellona Hospitality

Phoenix Mills’ Bellona Hospitality plans aggressive expansion, aiming for 70+ outlets in two years

0
Bellona Hospitality, a multi-brand restaurant chain and w͏holly owned subs͏idiary of real estat͏e de͏veloper The Phoenix Mills Ltd., plans to expand ag͏gressively, ai͏ming to...
Karigari by Chef Harpal Singh Sokhi

Karigari by Chef Harpal Singh Sokhi expands with new location in Indore

0
Karigari by Chef Harpal Singh Sokhi, re͏no͏͏wned for ͏its fus͏ion͏ of tr͏adit͏i͏onal͏ an͏d contem͏pora͏͏r͏y fl͏a͏vo͏rs, has launched ͏͏its 10th out͏let ͏i͏n͏͏ Indore,͏ India. T͏his...

The winter season breathes life into menus with an array of fresh vegetables. Nevertheless, indulging in winter delights such as undhiyu may prove to be a more expensive endeavor compared to the previous year, when prices were relatively lower. This year, vegetable prices have not yet shown any signs of a decrease.

Last year, tomatoes were priced between INR 4 and INR 10 per kilo in the wholesale market. However, this year, the cost has surged to a range of INR 8 to INR 25. Wholesale prices for nearly all vegetables have experienced an increase ranging from 20% to 150%. As a result, retail prices have also remained elevated, almost doubling the wholesale prices.

Last year, a kilo of ginger, which was available for approximately INR 47 to INR 52 in the wholesale market, is now being retailed at INR 100, and on delivery apps, the price has surged to INR 200.

According to a wholesaler in Jamalpur, ginger farmers in Maharashtra and South India have organized unions to collaboratively set and regulate prices.

Furthermore, the supply of numerous vegetables has been impacted this year due to untimely rains. Sanjay Patel, the secretary of the Agricultural Produce Marketing Committee (APMC), attributes this factor, along with heightened demand during the wedding season, as contributing to the sustained high prices.

Patel further stated that the wedding season ends mid-December, following which prices of vegetables may start declining, but will end up stabilizing only by month-end.

Latest articles

Zomato expands its home-cooked meal service ‘Zomato Everyday’ to Mumbai

Zomato's home-cooked meal service 'Zomato Everyday,' initiall͏y͏ ͏͏av͏ailab͏le ͏͏in͏ ͏͏D͏elhi NCR͏, Beng͏a͏lur͏u, Hydera͏bad, ͏and͏...

Ferns N Petals expands retail footprint with new ‘Retail Shine’ concept store in Gurgaon

Ferns N Petals (FNP),͏ a ͏le͏a͏di͏͏n͏g ͏gift͏in͏͏g c͏o͏mpany͏͏,͏ has furt͏͏͏h͏er ext͏͏e͏͏n͏ded͏ its r͏etail p͏re͏sence...

Beauty brand Vedix unveils first shop-in-shop with Shoppers Stop in Bengaluru

Vedix, t͏he͏͏ Ayurvedic beauty and personal care brand, ha͏s unveiled ͏͏its f͏irst e͏x͏͏c͏͏lusiv͏e sho͏p-͏i͏n-͏͏͏sh͏͏op...

Himalaya Wellness unveils Pure Cow Ghee Range for babies’ sensitive skin

Himalaya Wellness Company, ͏a p͏r͏͏omi͏nent ͏wellnes͏͏s b͏rand ͏i͏͏n India, has ͏͏introduc͏͏e͏d a͏ new Pure...

Related Articles

Iconic Brazilian brand Tramontina makes Indian market debut

Tramontina, a renowned name in household products, boasting a century-long Brazilian legacy, is making...

Centre directs NAFED and NCCF to offer tomatoes at INR 50 per kg in retail

In response to the decrease in tomato prices within wholesale markets, the government has...

Eyeing revival, FMCG companies turn focus back to kirana stores

Sales of fast-moving consumer goods in kirana stores or traditional shops have decelerated, according...
× Drop a, Hi?