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Nov 1, 2008

China has become India's third-largest source of imports tires

Chinese tire imports account for India's fiscal year 2002-2003 has been ranked No. 39 in the 2007-2008 fiscal year rose to the No. 3, India will soon become China's largest importer of tires.

June 6, India made tires as a result of natural rubber, crude oil and carbon black (carbonblack), and other raw materials prices and cheap tires from China to face strong competition in the Chinese tire imports account for India's ranking by the 2002-03 fiscal year Article 39 of the 2007-08 fiscal year rose to No. 3, India will soon become China's largest importer of tires.

India's low-cost Chinese imports of tires per month, about 100,000 annual imports up to 90 billion rupees (about 220,000,000 U.S. dollars). Chinese tire market in India, the retail price of Rs 7,500 / right, India and China-made tires are priced at as much as 1.3-1.5 million rupees / right, China is obviously low tire prices. The Government of India was also in June 2007 introduction of a radial tire on the Chinese anti-dumping duties, in spite of this, India is the consumer willing to buy cheap Chinese tires.

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