According to a report by Crisil Market Intelligence, the cost of a vegetarian thali dropped by 2%, and the non-vegetarian thali by 5% in March 2025 compared to February. The main reason for this drop was a fall in the prices of key vegetables like tomatoes, potatoes, and onions.
Fresh crop arrivals caused prices to fall:
Tomato prices dropped by 8%
Potato prices fell by 7%
Onion prices went down by 5%
In the case of non-vegetarian thalis, a 7% decrease in broiler chicken prices also helped reduce the cost. This was because of high chicken supply in northern India and lower demand in the South due to a bird flu scare.
Year-on-Year Price Comparison: March 2025 vs March 2024
Compared to March 2024, the vegetarian thali cost is down 3%. The main driver was a 34% fall in tomato prices, which dropped from Rs. 32/kg to Rs. 21/kg. This happened due to a 29% increase in tomato supply nationwide, especially from the southern states, where a good Rabi crop and better water availability boosted production.
However, this overall drop was limited by:
Onion prices rising by 6%
Potato prices going up 2%
Vegetable oil prices increasing by 19%
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What’s Next for Food Prices?
Pushan Sharma, Director at Crisil, said vegetable prices were lower in March, but could rise from April. He explained that:
Onion prices may go up due to high export demand
Potato prices could rise as cold storage stock hits the market
Tomato prices might increase slightly with lower Rabi arrivals
How Crisil Calculates Thali Prices
Crisil tracks thali prices by analyzing the cost of ingredients from four Indian regions—North, South, East, and West. This reflects how food inflation impacts household budgets across the country.
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