02-May-2026
Economy News
 
LPG price hike hits labour-intensive manufacturing units
02-May-2026

A steep nearly 50% hike in commercial LPG cylinder prices may disrupt downstream processes in textiles, leather and tyre manufacturing. The latest increase in commercial LPG prices is the steepest on record, the cost of a 19-kg cylinder has risen by about Rs 993 since May 1 amid the ongoing West Asia conflict. Prices now stand at Rs 3,071.50 in Delhi, with Chennai the highest at Rs 3,237. However, the overall impact on manufacturing may be limited, given the sector’s low reliance on LPG. Bulk supplies to industry account for less than 4% of total LPG sales by state-run oil companies.

News Source:- https://www.financialexpress.com/policy/economy/lpg-price-hike-hits-labour-intensive-manufacturing-units/4224498/?ref=hometop_hp
 
 
 

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