Apollo Tyres may raise prices

Agencies
Posted: 2008-10-13 14:45:50+05:30 IST
Updated: Oct 13, 2008 at 1445 hrs IST

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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 said on the sidelines of an industry event organised by CII.

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.

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Apollo Tyres may raise prices

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