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Why is Mirc Electronics contemplating price hike?

In an interview with CNBC-Tv18, Gulu L Mirchandani, CMD of Mirc Electronics said, "We have been under pressure for all our products including plastics because, prices of everything related to oil is going up and inflation has been there. There is no choice but to raise the price by nearly 5%."

first published: Mar 21, 2011 04:12 pm

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