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%."
Below is the verbatim transcript of Mirchandani's interview with Gautam Broker and Ekta Batra of CNBC-TV18. Also watch the accompanying video. Q: The quantum of the price hikes are to a tune of about 5% to 7%. WhatDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
