Tyres

Tyre Industry facing challenge in terms of increasing synthetic rubber price

Tyre industry is facing another blow with increasing price of synthetic rubber which is following the price increase of crude oil. The country is already facing shortage of carbon black which is a key raw material. Currently, India imports more than half its requirement of synthetic rubber, which is a derivative of crude oil. While imported SR varieties have increased 20-25%, industry players said that local manufacturers were poised to raise prices. Then rubber industry uses styrene butadiene (SBR) and poly butadiene. Unlike in the case of bus and truck radial tyres, the percentage of synthetic rubber used is higher in passenger car radials for speed and performance.
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India tyre industry seeks 10% import duty hike

India Tyre industry is seeking an increase in the customs duty on Tyres from 10 per cent to 20 per cent. They also urged the government to put imports of tyres under negative list in all trade agreements. The industry has demanded import duty hike on tyres to bring them at a par with natural rubber, the raw material, so as to provide a level-playing field to the domestic manufacturing. In its pre-budget submission, Automotive Tyre Manufacturers' Association (ATMA) has stated that the import duty on natural rubber (NR) currently is 20 per cent while tyres can be imported at a rate of 5 per cent or even nil rate of duty under various Trade Agreements. It said that under SAFTA, tyres can be brought in at 5 per cent duty from Pakistan and Sri Lanka. For other SAFTA countries there is nil d
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    Ace Tyres Pvt Ltd

    Ace Tyres Ltd are into manufacturing tyres is a group company of Exel Rubber Ltd.

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    Apollo Tyres Ltd

    Apollo Tyres Ltd, with its corporate headquarters in Gurgaon, India, is in the business of manufacture and sale of tyres since its inception in 1972. Over the years, the company

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    ATG Tires Pvt Ltd

    ATPL is a part of the Alliance Tire group (ATG), an entity having significant presence in the global ?Off-The-Road? (OTR) tires business. ATG was established in 2007 by private

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    Balkrishna Industries Ltd

    Headquartered in Mumbai, India, Balkrishna Industries Limited (BKT) is a leading manufacturer in the Off-Highway tire market. Since its founding in 1987, BKT has successfully fo

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    Birla Tyres

    Birla Tyres was first established in 1991, as part of Kesoram Industries Limited. It then collaborated with world-class tyre manufacturer Pirelli, in the production and developm

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    Bridgestone India Pvt Ltd

    Bridgestone ventured into India in 1996 with ACC by setting up a manufacturing plant in Kheda to manufacture tyres. Currently, the company produces 2.7 million tyres per year an

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    Ceat Ltd

    Incorporated on March 10, 1958, CEAT (part of RPG Enterprises) is into manufacturing of tyres, tubes & flaps. The company has manufacturing unit located at Bhandup, Nashik & Hal

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    CIO Tyres Pvt Ltd

    CIO Tyres Pvt Ltd is engaged in off-road tyres Retreading and Repairing. They are a specialist in retreading tyres of heavy earth moving equipment like dumpers which can carry

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    Dunlop India Ltd

    Dunlop?s has set up the first tyre manufacturing plant in Asia on a 239-acre plot of land at Sahaganj, near Calcutta. The plant, which started its production with tyres for pass

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    Falcon Tyres Ltd

    Marketed under the DUNLOP brand in the Indian market, products of FALCON TYRES have been sold with those OEMs, and has a significant presence in the export and replacement segme