India's tomato prices surge over 300%, sparking theft and turmoil
Publishing timestamp: 2023-07-13 09:51:34
Summary
The article discusses how tomato prices in India have surged over 300% due to adverse weather conditions, such as flooding in major tomato-producing states. The high prices are causing a tomato crisis in India, as tomatoes are an essential ingredient in Indian cuisine. The article also mentions thefts of tomato crops and the decision by some McDonald's outlets to drop tomatoes from their menu. The government has invited the public to a hackathon to find solutions to improve the tomato value chain and lower prices. Analysts predict that prices may come down next month when harvesting begins.
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Keywords: india, business news, food and drink, asia economy, commodity markets, mcdonald's corp, weather, natural disasters,