Amul chocolates may get costlier as rising cocoa prices bite – Times of India
MUMBAI: Not just pure play chocolate makers but dairy giant Amul, ice-cream brand Baskin Robbins, even snacking and cereal brand Kellanova, and other companies across the spectrum are beginning to feel the pinch of higher cocoa prices.Amul is looking to hike the price of its chocolates by 10-20%, Jayen Mehta, MD at Gujarat Cooperative Milk…