it is shocking that this increase is happening without any logic and the central government is silent over the issueludhiana after the bicycle industry and fastener manufacturers now auto parts manufacturing industry has upped its ante against rising steel raw material rates according to the businessmen the centre needs to wake up to the problems of the industry or else micro and small scale units will have to suspend production giving more information jaswinder singh thukral auto parts manufacturer and president of janta nagar small scale manufacturers association said the rates of steel raw material has shot up by huge margins during last one month and till now there has been increase of 10 to 25 percent across different categories of raw material the worst hit by this increase are the micro and small industry which is working very hard under these extremely difficult circumstances to make the ends meet it is shocking that this increase is happening without any logic and the central government is silent over the issue also readrising costs may force ev companies to up prices by 8some companies including tata motors and ather energy have already increased prices while several others such as hero electric and kinetic green energy are reviewing the quantum of price hikessee more detailstata motors to hike prices of cv range from april 1the company said that a price increase of 2 to 25 will come into effect from april 12022 across the range depending on individual model and variantsee more details tnn published on mar 24 2022 at 0446 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app steel price janta jaswinder singh thukral bicycle industry raw materials auto components homenewsauto componentsrising steel price irks auto industry