Report studies Indian tyre industry

ERJ staff report (DS)

Dublin, Ireland -- A report titled, Indian Tyre Industry 2008 is now available for purchase at around Euro 400 from information brokers, Research& Markets.

The 82-page report was first published by Credit Analysis & Research Limited in January 2008.

The researchers say the Indian Tyre Industry is set to register growth of 9 to 10 percent in the next five years. They add, "The Indian Tyre Industry produced 73.6 million units of tyres (1.1 million tonnes) garnering Rs. 190 000 million in FY07. MRF Ltd. was the market leader (22% market share) followed closely by Apollo Tyres Ltd. (21%). The other major players were JK Tyre & Industries (18%) and Ceat Ltd.(13%)." (1 lakh = 100 000; 1 crore = 10 million)

ERJ has not seen this report and can make no judgement about its value or the quality of the research.

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Press release from Research & Markets