Wednesday, 11 May 2011
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Tyre prices inflate despite dip in rubber prices
HENNAI: Tyre prices continue to soar in India, despite the fact that the cost of rubber has dropped in the recent times. The phenomenon has hit the transport industry hard. "The price of tyre was revised thrice in the last four months, even as rubber cost was scaling down in the market," R Sugumar, president of Confederation of Surface Transport Tamil Nadu told Express. Speaking on the
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