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{"id":1035,"date":"2013-10-01T11:50:36","date_gmt":"2013-10-01T11:50:36","guid":{"rendered":"http:\/\/rai.net.in\/blog\/?p=1035"},"modified":"2013-10-03T09:55:14","modified_gmt":"2013-10-03T09:55:14","slug":"festive-fervor-catches-on-part-4","status":"publish","type":"post","link":"http:\/\/blog.rai.net.in\/festive-fervor-catches-on-part-4\/","title":{"rendered":"Festive Fervor Catches on! – Part 4"},"content":{"rendered":"

Nilgiri’s Festive Newness!<\/b><\/h1>\n

\"Cover-Story18\"<\/a>Setting the stage for their festival initiatives Murali Krishnan, CEO, Nilgiri’s first shares an overall insight related to the dynamics of the industry, the effect it will have on bottom lines and what changes are expected to happen.<\/p>\n

\u00a0<\/em><\/h2>\n

<\/em>Overall Outlook<\/b><\/em><\/h2>\n

\"Cover-Story15\"<\/a>\u201cWe do not see a large drop in volumes during Diwali to Christmas among household customers though there could be some preferences for Value packs. We are looking at new exciting launches during Diwali to keep the market enthused and to give larger options to customers during the season. The prices of key raw materials are going up. We see supply chain costs significantly impacted with the proposed steep diesel hikes. On consumption, we have seen an impact of cost cutting by corporate during last year season itself. Corporate had significantly brought down their budgeted expenditure on gifting to their customers and to their employees. We don’t see that coming down any further and we see expect last year corporate buying during season at sustained levels. This year the monsoon has been good and hence we expect the prices of the commodities to be stable which will help us to retain our Bottom-line. However if the cost of raw materials and Diesel increases, some impact could happen on bottom line.\u201d\u00a0 Highlights Murali Krishnan, CEO, Nilgiri’s.<\/p>\n

\u00a0Murali’s predictions for the season:<\/b><\/em><\/h2>\n