Tyre Imports

OEM recovery, robust replacement demand to boost Apollo Tyres revenues

Price hikes to offset some of the the surge in raw material costs

Tyre makers cautious on outlook even as capacity utiliisation improves

Factors helping capacity utilisation include encouraging domestic replacement demand in passenger vehicles, two-wheelers and the farm segment, and a drop in imports

Tyre industry calls for curbs as imports remain buoyant despite lockdown

In the first 11 months of FY20, a year that saw economic slowdown in India and reduced demand, tyres worth $385 million still made their way to the country

Tyre makers to go through rough patch due to slowdown in auto sector

Following a 6.7% growth in FY19, the domestic tyre demand is estimated to grow at a lower rate of 3-4% (volume) during FY20, according to Icra

Tyre industry petitions against imports from China

As per industry estimates, 5,000-6000 jobs at least have been lost in the past few months