A sharp increase in commercial LPG cylinder prices in Delhi is putting significant financial pressure on restaurants and street vendors. Business owners warn that rising operational costs may lead to higher menu prices and potential job losses if the trend continues.
The hospitality sector in India faces a severe blow following a Rs 993 increase in commercial LPG cylinder prices to Rs 3,071.50 per 19-kg cylinder. Industry associations warned of imminent menu price hikes of 10-15% and accelerated closures and job losses. The total increase of Rs 1,332.50 within three revisions has created an unprecedented cost escalation for hotels and restaurants already struggling with supply disruptions and weakened cash flows.
India has raised commercial LPG cylinder prices by Rs 933, reaching Rs 3,071.50 in Delhi. This surge threatens the viability of small food businesses, potentially triggering higher consumer prices and inflationary pressure across the informal economy.
