Indian Tyre industry studied

ERJ staff report (DS)

Mumbai, India -- CARE Research has published a new report titled, Indian Tyre Industry . The four-section report was first published in June 2010 and is available for a price of around US&1000, depending on delivery options.

The publishers say, "Domestic tyre industry has witnessed a remarkable recovery in FY10, after a slowdown in FY09. This growth was driven by strong revival in automobile demand on the back of resurgence in economy, rise in employment levels, and easing of interest rate scenario. Although strong demand growth is an encouraging scenario for the domestic industry, rising imports has become key concern factor off-late. Conservative estimates of tyre manufactures on automobile demand scenario for FY10, led to supply constraints in the industry and in-turn pushing imports. The situation was graver in T&B and passenger car category tyres as compared to any other category. However, gauging the immense market potential almost all the major manufacturers have announced aggressive expansion plans for next 4 - 5 years which is expected to ease out the supply constraint situation in the industry. "

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 Bharatbooks website