Indian Tyre Ondustry

Indian tyre industry is on a strand of major structural change Bharatbook added a new score on Indian Tyre Industry which gives challenges, take in and the factors influencing the emergence of Indian tyre industry. Indian Tyre Industry national tyre industry has witnessed a remarkable recovery in FY10, after a slowdown in FY09. This growth was compulsive by strong revival in automobile bring on the back of resurgence in economy, rise in employment levels, and easing of interest rate scenario. Although strong demand growth is an encouraging scenario for the domestic industry, rising imports has become detect concern factor off-late. Conservative estimates of tyre manufactures on automobile demand scenario for FY10, led to supply coldnesss in the industry and in-turn energy imports. The situation was graver in T&B and passenger machine course of study tyres as comp ared to any other category. However, gauging the ample market potential most all the major manufacturers read announced aggressive expansion plans for next 4 5 years which is expected to ease out the supply constraint situation in the industry. ( http://www.bharatbook. com/detail.asp?id=71341&rt=Indian-Tyre-Industry.html ) The tyre industry is on a brink of a major structural change.

T&B which is a dominant segment in term of tonnage is witnessing a gradual rise in the symmetry of stellate tyres. Going by the global trend it seems that the radial tyre demand in India is at inflection signal and with almost 97 98 per cent of the passenger car tyre production has been radialised, T&B tyre category is the next major category to witness spurt in the demand for radial tyres. And with improvement in road base of operations and better cost economics the proportion of radial tyres in T&B category is expected to expand by around seven times from the current levels. Sighting this opportunity, almost all the expansion plans for T&B category tyres are for radial category tyres. In FY10, almost all the manufacturers reported... If you regard to get a full essay, order it on our website: Orderessay

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