GENERAL25 Sept 2026
Commodity cost uncertainty bigger worry than increase itself: TMPV MD
TMPV chief Shailesh Chandra says uncertainty over commodity costs worries him more than the increase itself. Those pressures are hurting margins and forcing faster cost cuts. Meanwhile, electric vehicle (EV) demand keeps outpacing supply. Industry-wide EV penetration has risen from around 4.5% last year to 8% now, and could reach double digits next financial year.
Key Statutory Highlights
- TMPV chief Shailesh Chandra said commodity pressures were hurting margins and forcing faster cost cuts.
- He said uncertainty around commodity costs is a bigger worry than the cost increase itself.
- Industry-wide EV penetration has risen from around 4.5% last year to 8% now, and could reach double digits next financial year.
Actionable Advice for Taxpayers / Founders:If your business is linked to auto components or EV supply chains, review your cost and pricing assumptions now and keep a buffer for commodity swings. Treat this as general guidance, not a guaranteed outcome.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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