Suraj Mehta, Chief Strategy Officer, Hindusthan National Glass & Industries Limited told Times Now Digital, “for an energy-intensive industry like glass, it is not the conflict itself that hurts us the most, it is the uncertainty around it. We had just started to see gas and LPG supply stabilise after the earlier round of tension in West Asia, and this fresh escalation around the Strait of Hormuz puts us right back into a place where we cannot plan with any confidence. Glass manufacturing runs on continuous furnaces that cannot simply be switched off and restarted, so unpredictable fuel availability is a far bigger threat to us than a temporary price spike. With the festive season approaching and demand for packaging typically rising across FMCG, pharma and alcobev, this is exactly the wrong time for supply chains to become unpredictable again. What the industry needs from here is not a return to pre-crisis prices, that may take time, but consistency we can actually plan around.”
