pump and valve segments primarily pumps have been hit by raw material price increase they need a 2025 price hike which is not being allowed by the oems and so capacity utilization is 50 says m v ramesh babu president coimbatore district small industries association this in turn has affected those at the bottom of the msme food chain the micro industries in general engineering who feed the pump makers systemic fixes of payment schedules and raw material pricing are crucial there is a 45day payment schedule which is never adhered to big raw material companies increase prices and operate as a cartel and this squeezes our margins and getting manpower with adequate skills is difficult all of these are issues that need attention says d ravi md cmd precision products the raw material pinch explains why steel figured in the stalingoyal talks already the centre has allowed raw cotton imports to keep yarn prices in check for tns msmes their time is now