A matchbox to cost Rs 2 consumers to get more matchsticks
Chennai Oct 24 PTI Effective December 1 the price of a matchbox would be Rs 2 from the present Rs 1 and this is in view of a rise in production cost triggered by an increase in price of raw materials the industry body said on SundayConsumers would however get more matchsticks in a box when they buy it at Rs 2 up from 36 matchsticks to 50 per boxThe proposed price increase comes after a gap of 14 years Secretary of the National Small Matchbox Manufacturers Association V S Sethurathinam saidThe price of raw materials have increased leading to a jump in cost of production he said adding we have no other option but to increase the selling Maximum Retail Price price The price of all the 14 key raw materials have increased A kilo of red phosphorous has increased from Rs 410 to Rs 850 wax from Rs 72 to Rs 85 pottasium chlorate Rs 68 to Rs 80 splints sticks from Rs 42 to Rs 48 Outer box Rs 42 to Rs 55 and inner box from Rs 38 to Rs 48 Like this the price of all raw materials have increased manifold he told PTIThe rise in fuel prices is also a factor It has led to an increase in transportation cost Hence from December 1 the price of a matchbox would be increased to Rs 2 MRP from the present Rs 1 he saidAfter about six months we may review the situation In 2007 the price was increased from fifty paisa to Rs 1 per matchbox However Sethurathinam said the count of matchsticks in a matchbox would be increased to 50 from the present 36 When you pay Rs 2 you will get 50 matchsticks The price increase would help tackle the situation that has arisen due to the rise in production cost and the decision to go for a hike was taken after discussions with all associations he saidAbout five lakh people are dependent on the matchbox industry directly and indirectly and 90 per cent of the workforce is women he saidTamil Nadu is a leading manufacturer of matchboxes and Kovilpatti Sattur Sivakasi Thiurthangal Ettayapuram Kazhugumalai Sankarankoil Gudiyattam and Kaveripakkam are the major production centresApproximately there are 1000 matchbox units which includes small and medium sized matchbox manufacturers as well PTI VGN ROH ROH
Chennai Oct 24 PTI Effective December 1 the price of a matchbox would be Rs 2 from the present Rs 1 and this is in view of a rise in production cost triggered by an increase in price of raw materials the industry body said on SundayConsumers would however get more matchsticks in a box when they buy it at Rs 2 up from 36 matchsticks to 50 per boxThe proposed price increase comes after a gap of 14 years Secretary of the National Small Matchbox Manufacturers Association V S Sethurathinam saidThe price of raw materials have increased leading to a jump in cost of production he said adding we have no other option but to increase the selling Maximum Retail Price price The price of all the 14 key raw materials have increased A kilo of red phosphorous has increased from Rs 410 to Rs 850 wax from Rs 72 to Rs 85 pottasium chlorate Rs 68 to Rs 80 splints sticks from Rs 42 to Rs 48 Outer box Rs 42 to Rs 55 and inner box from Rs 38 to Rs 48 Like this the price of all raw materials have increased manifold he told PTIThe rise in fuel prices is also a factor It has led to an increase in transportation cost Hence from December 1 the price of a matchbox would be increased to Rs 2 MRP from the present Rs 1 he saidAfter about six months we may review the situation In 2007 the price was increased from fifty paisa to Rs 1 per matchbox However Sethurathinam said the count of matchsticks in a matchbox would be increased to 50 from the present 36 When you pay Rs 2 you will get 50 matchsticks The price increase would help tackle the situation that has arisen due to the rise in production cost and the decision to go for a hike was taken after discussions with all associations he saidAbout five lakh people are dependent on the matchbox industry directly and indirectly and 90 per cent of the workforce is women he saidTamil Nadu is a leading manufacturer of matchboxes and Kovilpatti Sattur Sivakasi Thiurthangal Ettayapuram Kazhugumalai Sankarankoil Gudiyattam and Kaveripakkam are the major production centresApproximately there are 1000 matchbox units which includes small and medium sized matchbox manufacturers as well PTI VGN ROH ROH
