Bicycle chain manufacturers fixed rate at Rs.110 per kg


Ludhiana, June 24, 2018: The bicycle chain manufacturers of Ludhiana met in FICO office to discuss the current raw material rates and the rates of finished products. With increase of 45% of raw materials rate it was decided unanimously that appropriate rates are to be increased and also credit to market is to be reduced to 30 days. Finally, the rate decided is Rs.110 per kg as the weight of chain varies, said the release issued by FICO here today.

Amongst present were Gurmeet Singh Kular, Rajesh Mongia, Jaswinder Singh Birdi, Kuljeet Singh KW, Vineet Aggarwal, Baljeet Singh Vishivkarma and Bhupinder Singh Rayait.

Sunday, June 24, 2018