Report will cover Indian tyre industry

ERJ staff report (DS)

Mumbai, India -- RNCOS E-Services Pvt. Ltd will soon publish a new report titled, Indian Tyre Industry Analysis. The 55-page report will be published in August 2010.

The publishers say India's, "passenger car tyre industry will record impressive CAGR of 8.8 percent during FY 2010 - FY 2014 " It adds, "Various green-field plants are currently under pipeline to add new capacities and the implementation of brown-field projects is underway to cater to rising demand. The green-field units are expected to come into stream in the next 2-3 years. In passenger car tyres segment, almost 100 percent capacity additions will be in radial tyre segment. " The researchers add, "Further, the tubeless tyre segment is developing fast in the country. During FY 2010, the tubeless tyres market potential was estimated at above Rs 7 Billion. The penetration of tubeless tyres in the passenger vehicle segment was around 14 percent, but it is growing rapidly.

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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press release on RNCOS website

Home page of report (Currently blank) on RNCOS website