Manufacturers Plan Price Increases on Cars, Electronics, and Apparel from April Amid Rising Input Costs
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Manufacturers Plan Price Increases on Cars, Electronics, and Apparel from April Amid Rising Input Costs

Manufacturers across sectors plan price increases from April due to rising input costs linked to the Gulf crisis, including higher prices for plastics, resins, polymers, freight, and rupee depreciation. Automakers like Mercedes-Benz and Audi have announced about 2% hikes, with mainstream carmakers and consumer electronics firms considering 2-6% increases. Prices of shoes, synthetic fibre apparel, and decorative paints may rise up to 9-10%. Industry leaders cite limited options amid volatile supply chains despite recent GST reductions.

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