Indian oilmakers raise LPG price ₹60 per cylinder
→Procurement teams face immediate ₹60 per-cylinder LPG cost rise
Change
Indian oilmakers raised domestic non-subsidised LPG price by ₹60 per 14.2-kg cylinder to ₹913 in Delhi effective March 7.
Why it matters
Household budgets must reflect an added per-person daily LPG cost of about ₹0.20. India ruled out petrol and diesel price increases.
Implications
- — Catering teams must update supplier contracts immediately or absorb ₹60 per cylinder higher LPG costs.
- — Finance teams must reforecast cashflows before next billing cycle or face liquidity gaps.
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Source
View on Economic Times