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India's JK Tyre plans additional 5%-6% price hikes by September-end
JK Tyre & Industries plans to increase product prices by eleven to thirteen percent. This move aims to offset rising input costs and follows similar actions by rivals. Raw material prices have significantly increased, impacting the company's business this quarter. The tyre maker has already implemented monthly price hikes and will continue them. Strong vehicle sales provide tyre makers room to pass on these increased expenses.
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economictimes.indiatimes.com
JK Tyre plans 11%-13% price hikes by September-end
JK Tyre plans product price increases of eleven to thirteen percent. These hikes will occur by the first half of fiscal year twenty twenty-seven. Rising input costs, including…
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thehindubusinessline.com
JK Tyre plans additional 5%-6% price hikes by September-end
JK Tyre plans 11%-13% price hikes by September due to rising input costs from the West Asia oil price rally.
