Indian truck and bus tyre export rises

(India/Rubber Asia) Indian truck and bus tyre exports registered a 16 per cent growth in March 2005 compared with the same month last year (YAM). While 222,527 units of these tyres were exported in March 2004, the number for March 2005 reads 258,727.

As for passenger car tyre exports, they rose from 98,327 units to 107,559, a growth of nine per cent. LCV tyres shipped out from India rose eight per cent to 118337 units in March 2005 from 109,272 units in the YAM, according to a media release from Automotive & Tyre Manufacturers Association (ATMA).

Tractor tyre exports were also significantly higher at 29 per cent (front), 11 per cent (rear) and 46 per cent (trailer) while OTR tyre shippings rose 37 per cent. Scooter and motorcycle tyre exports jumped 45 and 44 per cent to touch 23,125 and 6,345 units respectively for the month.

As for truck/bus tyre production, it is continuing in the fast lane if the year-on-year figure for January 2005 is any indication.
Production in this segment which accounts for around 65 per cent of the total turnover of the industry in value terms stood at just a notch below the million-unit mark (947,000, to be precise), as per data released by ATMA.
On the passenger car tyre front, Indian production was 1.06 million units. LCV tyre production for the month stood at 353,000 units.