Report: India hit by NR deficit

New Delhi – India’s Automotive Tyre Manufacturers Association (ATMA) has voiced concern over a “consistent decline” in supply of natural rubber (NR) in the local market.

Indian news agency, Press Trust of India (PTI), reported 9 July that ATMA has urged officials at the Indian ministry of commerce to “take recourse” to NR imports, which are currently highly taxed.

PTI quoted ATMA director general Rajiv Budhraja as saying that in addition to a 25% custom duty, there were also port-side and other logistics challenges, including lack of…

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