Parle Products Private Limited said that product demand for its products has diminished in the past two quarters.

In an exclusive interview to Bloomberg Quint, Mayank Shah, category heads at Parle Products said,“Consumers have become more value-conscious during the times of slowdown in the last six months. Consumers are not buying enough. Offtake from the shops is getting affected. The number of shops stocking these products is the same, but the number of products being sold from these shops is going down due to weakening consumer demand,”