As part of the ban on manufacturing, import, stocking, distribution, sale and use of identified single-use plastic (SUP) products throughout India, plastic straws that come integrated with fruit juice or dairy product tetra packs have been banned starting July 1. Market participants believe that listed FMCG player Dabur India may not singe its fingers as much. The food and beverages portfolio stands at 18 percent for Dabur. The beverages portfolio constitutes about 80 percent of this 18 percent. And small tetra pack products form a small part of this 80 percent, said an analyst from a domestic brokerage firm. “Dabur’s earnings are unlikely to be significantly impacted, though profitability could take a hit of 70-100 basis points,” she added.

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