CEAT Plans 4–6% Tyre Price Hike This Quarter
CEAT plans to raise prices across categories by 4–6% this quarter to offset higher raw material costs, CEO Arnab Banerjee said.
CEAT Ltd plans a 4-6 per cent price increase across tyre categories this quarter to help offset higher raw material costs, Managing Director and CEO Arnab Banerjee said on Wednesday. The company has raised prices in each of the last two quarters, but those increases did not fully offset inflation in major…