This will be the third price revision for the tyre industry this year but it will also be steepest as earlier price hikes were restricted to 1-1.5 per cent.
The prices moved northwards in the first half of the year and then again in October but both times the rise was not uniform across players and segments.
This time around the decision is more or less unanimous and the December or January price lists of all players will acknowledge the price hike.