According to the analysts Business Insider spoke with, the
current relaxations are going to bring down the cost of goods like — cooking
oils, food items and even cosmetics. FMCG companies will have to pay much less
for their raw material like sunflower and palm oil which goes into these
products.
The benefits of this reduction will be accrued in the next
three months, Suman Jagdev, partner at Praxis Global Alliance told Business
Insider India. He noted that the companies importing these edible oils will
have to pay less, and the perk would be transferred to customers.