J.K. Tyres to raise price by 2% – 4% by February 2011

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Added in: News

Price rise is seen everywhere in India from bread, milk, meat, onion, eggs, taxi fare and now rubber (the one used on cars) too. With the prices of rubber searching the blue skies it has become unbearable for J.K. Tyres India to susteain the current prices, they have decided to increase the price by 2% – 4% by probably the last week of February.

Natural rubber is costing as much as Rs 210\ Rs 220 per kg. Last time when the rubber industry saw increase in price up to Rs 180 per kg J.K. Tyres dint bother to increase the prices. But now the company justifies the price hike. J.K. Tyre plans to increase the cost of all types of tyres as there is no practical option. The company has made around Rs 3,678 crore sales in the year 2009-2010.

Sooner or later we will hear MRF, Apollo and others to crib about the same issue and hike prices.

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  • Biraja Patnaik says:

    Sir,

    I am a proud owner of Micra Nissan CH No. NDHFBUK13A7001232, Eng. No. HR12602435A. At the same time I am very very disappointed with performance. Its the unusual noise from the shock absorbers.It is so much that one hates to drive the car. The car was with the dealer Ananta Nissan Bhubanewar for 3 days. Changed the rear shock absorbers to no avail.the representative of Nissan India, Chennai came and went back with out diagnosing the problem. Ananant nissan Bhubaneswar has remarked cause not found. Can any one at the higher achy take notice of this and be kind enough to help me rectifying the problem at the earliest?

    Gp. capt. BP Patnaik