The price of Kovilpatti kadalaimittai, a GI-tagged sweet, has been increased by 25% to Rs 270 per kg, the second revision this year, citing higher costs of groundnuts, jaggery, cardamom and packaging materials.
The price of Kovilpatti kadalaimittai has been raised by 25%, from Rs 220 to Rs 270 per kg, effective immediately from Tuesday. This is the second price revision for the GI-tagged sweet this year; the earlier hike was made in January.
K Kannan, secretary of the Kadalaimittai Manufacturers and Traders Association, said the association decided on the increase due to a sharp rise in raw material costs, including groundnuts, jaggery, cardamom and packaging materials.
Kovilpatti, in Thoothukudi district, is a major cluster of groundnut candy manufacturers, producing several hundred kilograms of kadalaimittai every day. Manufacturers said the prices of key raw materials have risen significantly in recent months.
The price of Kovilpatti kadalaimittai, a GI-tagged sweet, has been increased by 25% to Rs 270 per kg, the second revision this year, citing higher costs of groundnuts, jaggery, cardamom and packaging materials.
The price of Kovilpatti kadalaimittai has been raised by 25%, from Rs 220 to Rs 270 per kg, effective immediately from Tuesday. This is the second price revision for the GI-tagged sweet this year; the earlier hike was made in January.
K Kannan, secretary of the Kadalaimittai Manufacturers and Traders Association, said the association decided on the increase due to a sharp rise in raw material costs, including groundnuts, jaggery, cardamom and packaging materials.
Kovilpatti, in Thoothukudi district, is a major cluster of groundnut candy manufacturers, producing several hundred kilograms of kadalaimittai every day. Manufacturers said the prices of key raw materials have risen significantly in recent months.