Pump prices expected to rise in coming days as input inflation leaves 10% cost gap; industry seeks GST cut | Coimbatore News
Coimbatore: Pump prices are expected to increase this month after manufacturers said steep inflation in raw materials, logistics, energy and compliance has pushed production costs sharply higher, leaving pumps underpriced by up to 10%In a joint statement, the Indian Pump Manufacturers Association (IPMA), Southern India Engineering Manufacturers Association (SIEMA) and Rajkot Engineering Association (REA) said…