Parle fears losing business to unorganised biscuit makers if GST not cut

Parle, one of the biggest and oldest biscuit makers in India, now fears unorganised players will eat up its sales if the government does not accede to the biscuit makers’ demand of cutting the GST. While biscuit makers have been demanding lower GST on standard biscuits, Parle has blamed high tax slab for its slipping biscuit sales. Despite this, biscuit makers hiked prices of standard products lik…