Varun Beverages Limited CC-Jun24.pdf · 2024-07-30
My question is regarding the usage of recycled PET chips. So if my interpretation is correct, you will have to use 30% recycled content, I think, from 1st of April 2025. So given, I believe there are capacity constraints in the market and Indorama joint venture potentially is not active yet. So how are you planning to comply with the regulations from per capita as well?
And sir, what will be the impact of this on your cost of PET chips? Would it be gross margin dilutive? Also, do you expect any kind of relaxations in this from the government or regulators?