Chennai, Apr 4 Ashok Leyland, a flag ship company of Hindjua group, is contemplating a minimum 2.5 per cent increase in the prices of its products, a top company official said on Monday.

“Yes...we are contemplating a hike by 2.5 per cent from April,” Ashok Leyland Managing Diretor Mr Vinod K Dasari told reporters here. Replying to a question, he said the price rise would vary depending on the model. Ashok Leyland last hiked its prices in February, 2011 by 2.5 per cent.