The production of synthetic rubber went up by 24.2 per cent to 8,768 tonnes in February against 7,055 tonnes in the year-ago period, according to the latest Rubber Board data.
Consumption grew by about 30 per cent to 31,440 tonnes in February 2010 over 24,210 tonnes in the same month last year, on the back of high demand from auto tyre manufacturers.
From April '09 to February '10, production increased by 12.6 per cent to 98,280 tonnes, against 87,251 tonnes in the year-ago period. India had produced 96,739 tonnes of synthetic rubber during 2008-09.
Consumption stood at 3,13,405 tonnes in April-February 2009-10, up about 12 per cent from 2,66,465 tonnes in the corresponding period of the previous fiscal.
In the 2008-09 fiscal, consumption stood at 2,92,950 tonnes.
