Rectify duty inversion anomalies

The Union Budget 2018 has many pluses such as credit support and lowering of tax rates for the MSMEs, increase in import duties of radial truck and bus tyres etc. However, these are hardly sufficient to fortify the rubber sector as an imperative component of the...

Prometeon eyes China’s electric vehicles market

By Sharad Matade: The demand for electric vehicles is fast catching up in China, the world’s largest tyre market. Prometeon Tyre Group — former Pirelli Industrial which produces Pirelli branded tyres for truck, bus, agro and OTR — has come forward to cash...