It is considered to be one of the key players in global rubber business. Rapid progress in made in the production of natural rubber. India is home to some of the world's largest rubber enterprises through direct investment and technical collaboration.
There is no doubt that with rubber consumption stagnating in various Western countries and the shift in consumption of rubber to the Asia Pacific region, the focal country for this decade is India. There exists a huge scope for expansion causing import of machinery, technology, raw materials and export Rubber goods. There are 5000 units comprising 30 large scale, 300 medium scale and around 4600 small scale and tiny sectors in India.
These units are manufacturing more than 35000 rubber products, employing close to four hundred thousand people, which includes technically qualified support personnel's contributing Rs 40 Billion to the National Exchequer. |
India produces millions of passenger cars every year such as BMW, Nissan, Mitsubishi, Volvo, Toyota, Ford, Caparo, Swaraj Mazda, Fiat, Ford GM, Honda, Volvo Yamaha, Hyundai, Daimler, and Ranault in addition to the Indian manufacturers such as Ashok Leyland, TVS, Hindustan Motors, Bajaj Auto, Hero Honda, Tata Motors Royal Enfield and Tafe Tractors have all set their manufacturing base in India. Together they have during the last decade set a great pace of growth to the rubber industry as well.
Tyre Companies running operations in India are MRF Ltd, TVS Sri Chakra Tyres, Apollo Tyresm, Emerald Tyres, Michelin, Goodyear, JK Tyres Kumho Tyres ETC. India exports to over 85 countries including USA, Germany, France U.K, Italy, UAE, Saudi Arabia , Africa and Bangladesh. |
