Natural rubber (NR) production has contracted by 16 per cent in the first two months (April-May) of 2018-19, raising concern among tyre makers.
Data from the Rubber Board shows 82,000 tonnes of production in those two months, against 98,000 tonnes in April-May 2017. Consumption, on the other hand, rose 13 per cent to 200,000 tonnes in the same period. Rubber Board officials were not available for comment. The Automotive Tyre Manufacturers Association (Atma), representing those accounting for a little over 90 per cent of industry volume, has written to the ministry of commerce and industry to act.
“While NR import