Retail still struggling; higher commodity prices may force price hike: Atul Auto

Three-wheeler manufacturer Atul Auto reported a 60 percent year-on-year decline in sales during November.

Speaking in an interview to CNBC-TV18, Jitendra Adhia, President-Finance of the company said, “Retail is still struggling and unlocking process is on and economy is turning. Therefore, we expect we need to wait for another couple of months.”

According to him, rise in commodity prices will have some impact. “We will revise price considering the inflation in commodity prices,” said Adhia.