Analysts believe that India s new plastic waste management norms are likely to impact the revenues of consumer staple companies such as Britannia, Nestle, and Colgate in FY25 as their packaging costs are set to rise
Kotak said Britannia Industries, Colgate-Palmolive and Nestle India will be the most impacted, while Godrej Consumer Products Ltd (GCPL), ITC, Jyothy Labs and Varun Beverages Ltd (VBL) will remain the least impacted by the new plastic waste management.
Regulations governing recycling and reuse of plastic packaging may hurt consumer plays such as Britannia Industries, Colgate Palmolive India and Nestle India while benefiting ITC, Ganesha Ecosphere, EPL, and Uflex, according to Kotak Institutional equities.
Gurmeet Chadha shares insights on his largecap holdings, including ITC, HDFC Bank, and HCL Tech, and explains the significance of counter-cyclical investments in the current market scenario. He also discusses the impact of recent news on Nestle and provides perspective on other potential investment opportunities in the market.