Indian tyre majors in expansion mode

By Sharad Matade Anticipating good demand growth for tyres, the Indian tyre majors are planning to invest about Rs 250 billion in capacity expansion within the country and abroad Braving out the adverse effects of growing cheap tyre imports, mainly of TBR tyres from...

Indiscriminate imports crippling Indian tyre industry

Dumping of tyres into India particularly from China has seriously impacted domestic production, turnover of tyre manufactures and export of tyres from India in FY 2015-16. This has put a question mark over the massive capacity explansion planned by tyre majors in...

Need to regulate end-of-life tyres market in India

By Sharad P Matade End-of-life tyres (ELT) or waste tyres are a chronic environmental issue in western countries and so now in India. The only difference is that India has started tackling this issue recently, but not effectively as its western counterparts. As India...

LOSS REDUCTION, NOT COST REDUCTION: Adam Gosling

Much capital is wasted in procurement chasing lowest cost options. Procurements gain most of their kudos and KPIs through buying at reduced costs; however, cost reduction invariably ends up with increased losses. This seems counter intuitive, but consider that most...

Thailand beckons investors for Rubber City project

The Thai Government has rolled out a red carpet welcome to domestic and foreign entrepreneurs to invest in its ambitious Rubber City project that aims to triple Thailand’s domestic rubber consumption and boost rubber prices. $ 10 billion project The Thai...

Unregulated import of tyres offset gains of lower input costs

By Sharad P Matade Low capacity utilisation as a result of fall in production and no-holds-barred import of cheaper tyres from China have put a question mark over investments worth Rs 350 billion lined up by the industry for expansion Though swelling bottomline of...