The tilemakers in Morbi have decided to raise prices to pass on the increased production cost, which has gone up by around 15% due to increase in prices of natural gas, raw materials, coal as well as a surge in transportation cost following spiralling diesel prices, said players.
GujaratGas Limited (GGL) hiked the price of natural gas supplied to ceramic and sanitaryware units in Morbi and Surendranagar. For 3-month minimum guaranteed offtake (MGO), GGL increased the rate by Rs 4.37 per SCM (excluding taxes).