LPG Supply Uncertainty Fuels Demand for Induction Cooktops and Ready Meals
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LPG Jitters: Induction Stoves, Ready-to-Cook Meals See Demand Surge Amid Iran War
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Moneycontrol•17-03-2026, 09:10
LPG Jitters: Induction Stoves, Ready-to-Cook Meals See Demand Surge Amid Iran War
•LPG supply concerns, fueled by the Iran war impacting fuel shipments, are driving a surge in demand for induction cooktops and ready-to-cook products.
•India imports 90% of its LPG via the conflict-hit region, leading to market scarcity and consumer worry, as per industry executives.
•Croma, Amazon, Flipkart, Blinkit, Instamart, and Zepto report a dramatic spike in sales of electric cooking appliances and RTC/RTE foods.
•Zoff Foods anticipates 50-100% growth in ready-to-cook demand, while HyFun Foods and Freshcon India note varied or no substantial rise in their categories.
•Two LPG vessels, Shivalik and Nanda Devi, have been cleared through the Strait of Hormuz, with Shivalik expected at Mundra Port with 46,000 metric tons of fuel.
