Indian tyre maker JK Tyre & Industries expects to raise product prices ​by 11%-13% by the end of the first ‌half of fiscal 2027 to offset rising ​input costs, its finance chief said, ⁠joining rivals in passing on higher expenses to customers.The hikes reflect pressure across the auto-parts sector after ‌an oil price rally linked to the West Asia conflict drove up the ‌cost of petroleum-based inputs, energy and ‌freight.“Prices (of ⁠raw materials) have gone through ⁠the roof and for us, it went up by almost over 20%. So, that has impacted business in this ​quarter,” JK Tyre ‌CFO Sanjeev Aggarwal told Reuters on Wednesday, citing West Asia tensions, transport disruption and supply-chain constraints.The company, which counts leading car makers ‌Maruti Suzuki India and Tata Motors among ​its customers, had said in May it planned a 5%-6% price increase.Raw ⁠materials such as natural rubber, synthetic rubber, carbon black and steel make up about two-thirds ‌of JK Tyre’s expenses.Aggarwal said JK Tyre had rolled out price increases every month in the first quarter, with a small part of the planned rise implemented in June and the rest due in coming months.The ‌move brings it into line with rivals Apollo ​Tyres and CEAT, which have also raised prices. Top Indian car makers have also ⁠passed on costs to customers.Industry data released ⁠earlier this month showed vehicle sales rose 21.8% in June, signalling strong demand ‌across passenger and commercial vehicles and giving tyre makers more room to pass on ​higher costs. Published on July 9, 2026