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CheapChinesetyresmayfloodIndianmarkets
From: NDTV on Tue, Aug 24 2010 5:33 PM
0 of 5 Stars
TyreindustryunderpressurefromrisingcostsJKTyres
From: NDTV on Tue, May 25 2010 1:01 PM
A K Bajoria, president of JK Tyres, said the rubber prices have gone up by 77 per cent. "This has put the company’s' margins under pressure and part of cost hikes will be passed on the consumers very shortly," he pointed out.
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Rubberpriceconcernsfortyremanufacturers
From: NDTV on Tue, May 25 2010 12:35 PM
AS Mehta, director of marketing of JK Tyres, said rubber prices have jumped over 30 per cent in just two months. He expects the company to raise prices for the truck category from the first week of January.
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PlantclosureaffectedQ3growthJKTyre
From: NDTV on Tue, May 25 2010 6:09 AM
"JK Tyre recorded lower growth for the third quarter ended December 31 because of a plant closure," says A S Mehta, director marketing of J K Tyres.
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RisingrubberpriceaconcernJKTyres
From: NDTV on Tue, May 25 2010 1:30 AM
AS Mehta, director of marketing at JK Tyres, said, "We see an impact of Rs 50 crore/year from a Re 1 increase in rubber prices. Rising rubber prices remains a concern for the entire tyre industry."
0 of 5 Stars
Tyremakersfaceinputcostsqueeze
From: NDTV on Mon, May 24 2010 4:19 PM
Neeraj Kanwar, MD of Apollo Tyres, said it is not viable to produce tyres when rubber prices are so high and it has written to the government seeking correction in duty structure.
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