Dunlop, Falcon to raise tyre prices on rubber spike

Newswire

MUMBAI, June 30 (Reuters) - 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, told Reuters in an interview. (Reporting by Aniruddha Basu & ...

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