Linc Pen and Plastics Ltd. announces price rise effective from March
Kolkata/IBNS: Plastic is the most important component in a pen making industry and hence with a further increase in the costs of the raw materials steeply, the selling prices of the manufactured / finished products are also shooting up.
Linc Pen and Plastics Ltd, one of India’s largest writing instruments manufacturers, and other major players in the corresponding industry has adhered to the new prices of the polymer raw materials resulting in increase of the cost of their finished products by 10%, effective as of March beginning.
Deepak Jalan, Managing Director of Linc Pens and Plastics Ltd., said, “It is hoped that the polymer price increase drift will soon see a reversal trend and if it doesn't the industry will have to stand by the revised prices it has decided on.”
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