TELCO to raise car prices soon-official


MADRAS, India, July 23 (Reuters) - India's largest truck maker Tata Engineering and Locomotive Company (TELCO) said on Tuesday it plans to raise prices of its Indica car shortly. Rajiv Dube, vice-president of the company's car unit, told reporters the price rise was due to an increase in input costs. "We have reached a point where we are no longer able to negate the increase in the cost of inputs. There is pressure on us to increase prices and we will be doing so in the very near ...

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