Commercial passenger carriers to drive Indian tyre industry

ERJ staff report (DS)

Noida, Uttar Pradesh, India -- RNCOS has published a new report titled, Indian Tyre Industry Analysis . The 55-page report was first published in August 2010 and is available for a price of around US$ 800, depending on delivery options.

The publishers say, "the financial crisis has had moderate negative effect on the commercial vehicle market which creates strong demand for tyres in the country. The demand for commercial vehicles has recorded sluggish growth due to the weak performance of infrastructure, construction, manufacturing and other sectors. However, the commercial vehicle segment regained its growth in FY 2010 both in terms of production and sales. The main reason for revival of growth in the commercial vehicle segment is recuperating demand from almost all prominent sectors. It was reflected in increasing tyres offtake during FY 2010 and tyre production grew around 18.3 percent over FY 2009."

ERJ has not seen this report and can make no comment on the quality of the research or of the conclusions.

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Home page of report on RNCOS website

Press release from RNCOS