After a wave of price hikes of vehicles, tyres to now become costlier
The companies have already increased prices by 2-4% and this has happened due to an increase in prices of crude derivatives. Oil and its linked derivatives such as carbon black form an integral part of a tyre company’s raw material basket.
Mar 16, 2021, 19:58 PM IST
India to raise import tax on natural rubber by 5% from June 1
India will raise import tax on natural rubber by 5 percent to 25 percent from June 1, Finance Minister Arun Jaitley told lawmakers on Thursday.
Apr 30, 2015, 19:16 PM IST
Natural rubber imports jump 64% in May
The import of natural rubber rose 64 percent to 34,419 tonnes in May on account of lower prices in international markets and drop in domestic production.
Jun 09, 2014, 15:02 PM IST
