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Story summary
- Bottled water prices in India have risen 11% due to packaging costs linked to Iran war.
- Bisleri, the largest bottled water producer, raised a box of twelve 1-liter bottles from 216 to 240 rupees.
- Plastic costs rose, with polymer up 50% and caps doubling.
- The price hike negates Modi's tax cut, which reduced bottled water taxes from 18% to 5%.
- Other brands, including Coca-Cola and PepsiCo, are adjusting prices.
