Drinking bottled water will be expensive in India, after oil and gas, now packed drinking water will be affected, know the reason

Mumbai. The Federation of All India Packed Drinking Water Manufacturers Association has warned that rising crude oil prices are rapidly increasing the cost of polymers, thereby increasing the price of plastic bottles and ultimately the price of bottled water. It is noteworthy that polymer is obtained from crude oil and is the most important raw material for manufacturing plastic bottles used for bottled water.

Its rising prices are directly affecting the production of bottled drinking water. According to the association, the price of the material used in the manufacturing of plastic bottles has jumped by almost 50 percent and has reached around Rs 170 per kg.

Additionally, the cost of bottle caps has also increased significantly, more than doubling to around Rs 0.45 per piece. Additionally, prices of corrugated boxes, labels and adhesive tapes used for packaging and sealing have also seen a significant increase, further increasing the overall production cost for bottled water manufacturers.