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Apollo Tyres may increase prices of its product
Monday, October 13, 2008 19:41 [IST]
New Delhi: Apollo Tyres may hike prices of its products owing to rise in input costs.

"The cost is up and we have to push up the prices," Apollo Tyres CMD Onkar Singh Kanwar told reporters on the sidelines of third IBSA Business Summit 2008 here.

When asked if the tyre prices could go up in the third quarter, he said: "It is possible".

On the sales front, Kanwar said that Apollo has been registering volume growth of 15-20 per cent. "We will see the same kind of volume growth continuing," he added.
Source : PTI

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