"High commodities prices obviously put pressure on profitability. Therefore, we are closely watching the situation and will take action accordingly. We have to walk the fine line between top-line and bottom-line," Shashank Srivastava, senior executive director of Maruti Suzuki India told ETAuto. Luxury carmakers and Tata Motors' CV segment have already announced price hikes over the last two months.
from Industry-Economic Times
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