• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Coimbatore, Sept. 10

Industry associations have expressed concern over the proposal put forth by the State-owned oil marketing companies to introduce ‘dual pricing for diesel’ as the move, they anticipate, could trigger the price charged for diesel used for industrial purposes.

Exporters contend that the two-tier pricing would have a detrimental effect on the industries.

Tirupur Exporters Association President, Mr A. Sakthivel, said that the units were already reeling under pressure due to load shedding and were forced to resort to captive generation, leading to increase in manufacturing costs.

The garment exporters, because of their commitment to the buyers were unable to alter or reduce their production activities. They are also unable to revise the pricing. Hence, the exporting units should at least be exempted from this dual price for diesel, he said.

While pleading for exemption, he has also requested the Chief Minister, Mr M. Karunanidhi, to take up the matter with the Central Government.

More Stories on : Petroleum | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line