Imported tyre prices have also risen by Tk 300 to Tk 500 for rickshaws, auto-rickshaws, light commercial vehicles, motorcycles and battery-powered easy bikes, according to market insiders. However, ...
The auto industry has addressed the GST reforms by revising the prices of vehicles impacted by the changes in tax slabs. Following this, the peripheral industries have also started implementing ...
The dollar strengthening has definitely had an impact given that currently India’s tyre industry has to depend on imports to make up for the shortfall between demand and supply. Tyre companies are ...
With natural rubber stabilising and an overall decline in raw material of up to 2.5 per cent, tyre makers are anticipating margin expansion in Q1 and Q2 of FY26. “Going ahead, we are seeing ...
The company attributed the price hike to the rising inventory expense and inflation observed in the previous quarters for this financial year. However, the hike is estimated to be 1-2% as per the ...
CHENNAI: Tyre companies are lining up more price hikes in the fourth quarter as natural rubber prices start hardening. According to industry experts, NR prices are now inching towards the Rs 205 per ...
Persistently high crude oil prices could eventually start weighing on the cost structure of India’s tyre industry, as key ...