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Price hike not to offset input cost: M&M

  • 7:45
  • Published On: September 28, 2010
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Rajesh Jejurikar, chief executive (automotive division) at Mahindra & Mahindra, says the price hike the company has planned is not meant to offset rising input cost. It has been a combination of various other cost-driven initiative and some price increases that the company had taken up in the past, he adds.
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