RIL-Hazira-India

Rubber industry reaching a crossroads in India

London – The Indian rubber manufacturing sector has an annual turnover of close to $5 billion (E5.6bn), figures from the All India Rubber Industries Association (AIRIA) show.  Exports, it says, make up around 23 percent of the trade, which overall has a 60/40 tire-to-non-tire ratio.

Automotive tire products account for more than 65 percent of the value of Indian rubber-product exports, with the US being the largest importer, the figures also show

At home though, while global per capita rubber consumption averages 3.2 Kg,…

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