Maximum Retail Price (MRP)
The Maximum Retail Price (MRP) is the highest price that can be charged for a product in India. It is printed on the packaging of most products. Sellers cannot charge more than the MRP, but they can sell for less. This helps protect consumers from being overcharged.
In the news
- Indian Government Reduces Prices of Many Cancer Drugs The Maximum Retail Price (MRP) is the highest price that can be charged for a product in India. It is printed on the packaging of most products. Sellers cannot charge more than the MRP, but they can sell for less. This helps protect consumers from being overcharged.