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Oct 28, 2008

The sturdy growth of the tire manufacturing industry in India

Currently, the tire industry in India from 4 mainland tire business enterprise control, sale the sum have above 70% of local market.In the tire of India on the market, inclined hand over a foetus to still share main current, the specific weight have reach to 85%.The rubber product with use a natural rubber for lord, its natural rubber and synthetic rubber of comparison is 70:30.Now rubber of India every year's producting sale sum for 43.5% is USD 100000000 and 2,880,000,000 among those USDs come from a tire.But person all rubber consume is every year 0.85 kilogram, but person in the world all the rubber consume to 3 kilograms, therefore growth space very big.
The development of the car manufacturing industry in India will arouse tire industry development.Tire industry of growth will make India of every year of total output value of citizen growth 6% is to 7%, fairly GDP GDP to 2010 will attain an USD.If so, in the coming 10 year, tire market in India will keep 7% to 8% year growth a rate, will attain USD 6,000,000,000 till 2010.
The car tire in India has 75% as meridian tire and plan in India turn a rate to attain 90% to 2008 car tire son noon.In order to overload, bad weather and situation on road's bad etc. many factor bar carry the meridian tire of heavy tire.Above each factor have already caused department concerned of value, the son noon be viviparous to produce a technique will gradually in carry the heavy tire and the big passenger car tire the production expansion.

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