Page 2 - Tyre

Chinese tyre imports hurting domestic industry

Rising imports are resulting in low capacity utilisation (forcing manufacturers to stop further investment) and posing a threat of job losses

Tyre demand to see 6-7% volume growth in 3 yrs

Pick up in rural expenditure with good monsoon would translate into higher OEM demand for two-wheeler and tractor segments

Tyre demand to rise 6-7% over next three years: Icra

Projects worth over Rs 8,000 crore are might be completed by next 12 months which should help the likely rise in demand

Radial tyre imports surge

Domestic industry alleges dumping from China is having serious impact on its finances

Asia Pacific to drive global tyre market to reach $ 298 bn by 2021

Rapid advancements in technology and the growing demand for ecologically viable tyres have augmented the growth of the market, says a Transparency Market Research report

Indorama Ventures to expand tyre cord fabric capacity in China

Performance Fibers, which was integrated into Indorama Ventures a year ago, will set up a fully integrated dipping unit to expand its tyre cord fabric production capacity

Tyre industry revenues to grow by 4-6% in FY17: Report

However, the industry is estimated to clock a muted 0-2% growth in the current fiscal