Dunlop, Falcon to raise tyre prices on rubber spike

MUMBAI: Tyremakers Dunlop India and Falcon are looking to raise product prices for a second time in a month as rubber prices soar, threatening margins, a senior company official said on Wednesday. 

"We raised prices in the beginning of June between 2-4 percent in different tyre categories. We are thinking once again of raising prices," Pawan Kumar Ruia, chairman of Ruia Group, which owns both companies, said in an interview.

(economictimes.indiatimes.com)