India rubber industry ‘over-reliant’ on NR imports

Kottayam, India – India’s rubber manufacturing industry is becoming over-reliant on imports of low-cost natural rubber (NR), the Rubber Research Institute of India (RRII) has warned.

The warning is based on an RRI study that valued the industry’s output – 66% of which is based on NR – at close to Rs.750 billion per annum, and exports nearing $ 2.5 billion a year.

In recent years, however, low NR prices have discouraged rubber growers from tapping trees leaving imports to meet growth in demand from India rubber…

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