India's largest consumer companies are preparing to raise prices on products ranging from toothpaste to tires and paint ahead of the festival season. This marks the second consecutive quarter of planned price increases, driven by rising commodity costs linked to the prolonged Middle East conflict.

The price hikes span multiple sectors including FMCG giants and automotive manufacturers, as companies attempt to offset increasing raw material expenses. Industry analysts note that these adjustments could further complicate the country's inflation outlook.

Unilever, Hindustan Unilever, and Asian Paints are among the major firms considering price revisions. The moves come as input costs continue climbing due to global supply chain disruptions and geopolitical tensions.

Economists warn that sustained price increases may pressure consumer spending patterns, particularly during the upcoming festival season when demand typically surges. The Reserve Bank of India's monetary policy committee is expected to monitor these developments closely in their upcoming reviews.