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IBMA ask govt to reduce raw material cost

IBMA ( Indian Biscuit Manufacturers Association ) has appealed to govt for reduction in raw material cost .

Giving Details on Impact of cost on Indian biscuit industry Mr. B.P. Agarwal (chairman of major biscuit player Priya gold ) the President of the IBMA told reporter that already 10 units ha been closed down and around 7000 people has lost their job . Biscuit Industry in India is labour intensive hence spiralling prices can put thousands of job on stake .

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