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April has been a scorching month for summer products like air-conditioners, refrigerators, air-coolers, soft drinks, and ice creams, with sales soaring 40-50%. This surge has led to concerns among appliance manufacturers about meeting demand, especially in the south and east where sales have spiked 150-200% due to ongoing heatwaves. The north, the largest market for cooling appliances, is yet to experience the full impact of the heatwave. Manufacturers warn of possible shortages in May as component planning did not anticipate such high demand, and it's challenging to expand production on short notice.
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(Bloomberg) -- Nestle SA is working on products designed to complement a new class of weight-loss drugs after revenue growth decelerated to the weakest pace in almost three years.Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearTesla Tempers Growth Expectations as Musk Sees Storm AheadWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Biden Vows Aid for Gaza, Backs Israel Over Hospital BlastQQQ Advances in Late Trading as Tesla Rebounds
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the editorial board of another sponsor newspaper called for cancellation in may. there's little spirit in the city. tokyo is in a state of emergency and alcohol is banned from restaurants. the ceo of one of japan's biggest beverage makers says the economic loss from no spectators will be enormous. >> i'd expect that a lot of spectators from abroad to visit restaurants and bars, where they sell products and the promote of brands. we had a plan to open more than a couple of bars and restaurants only for products sponsored by us. but we canceled it. >> reporter: do you think the games could still boost international businesses for japanese companies? >> more and more, i don't think so. i think the olympics have been losing its value. >> reporter: do you think the games should have been postponed? >> considering the current
PepsiCo partner Varun Beverages clocks 5.7% volume growth in Q3 Premium The company produces and distributes a wide range of carbonated soft drinks such as Pepsi, Mirinda, Mountain Dew, Photographer: Daniel Acker/Bloomberg 1 min read Share Via Read Full Story New Delhi: One of PepsiCo’s largest franchise partners Varun Beverages Limited reported a 5.7% volume growth in the December quarter, indicating a sharp recovery in the beverages category that took a beating as India imposed covid-related restrictions last year. The company produces and distributes a wide range of carbonated soft drinks such as Pepsi, Mirinda, Mountain Dew, as well as packaged water and juices for PepsiCo in India, Nepal, Sri Lanka, Morocco, Zambia and Zimbabwe. India is its largest market.