It is difficult for India's largest utility vehicles maker Mahindra & Mahindra to raise prices, despite rising input costs, a senior official has said.
It is difficult for India’s largest utility vehicles maker Mahindra & Mahindra to raise prices, despite rising input costs, a senior official has said.
Mahindra will have to take a hit on margins because of rise in input costs, Pawan Goenka, head of the company’s automotive division told Reuters, adding he was concerned about the rise in sheet metal and tyre prices.
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