Tire industry trends: Keynote speech by Satish Sharma, Chairman ATMA at Tyrexpo India 2017 at Chennai

摘要

The tire industry drives and is driven by three vital sectors of Indian Economy - Automobile, Road Transport and Plantations. Therefore, it uniquely stands at the confluence of the three important organs of India's growth story. The industry is ahead of the demand curve in production of all types of tires. As soon as a vehicle is conceived, tire companies are ready with the fitments. A significant production of tires from India is exported too. Exports of tires from India are in the range of Rs 90,000 million per annum (about 15% of industry revenues). Indian manufactured tires are exported to over 100 countries in the world including some of the most discerning markets such as the US.