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Get ready to pay more for consumer products

Cos to pass on hike in customs duty as inflationary pressures and Covid-19 disruption weigh. Apple has already raised prices of some iPhone models such as iPhone 11 Pro, 11 Pro Max and iPhone 8 by Rs 600 to Rs 1,300 to offset the proposed increase in duties while sportswear brand Puma India will increase prices by 10% from April.

from Company-News-Economic Times
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