Indian Tyre Production Up 10%

Tyre production in India grew by 10 per cent in the period between April and December 2007, compared with the corresponding period the year before, reports the nation’s Automotive Tyre Manufacturers Association (ATMA). This equals an increase in production from 54.8 million units to 60.2 million. And according to ATMA figures the increase for car tyre exports was notably higher.

The export of passenger car tyres grew by 54 per cent during this time, and truck and bus tyre exports by 9 per cent. The average monthly export of tyres increased from 430,028 to 500,543 units, an April-December growth of 16 per cent. Total export figures for April to December were 4.5 million units, up from 3.9 million the year before.

Another growth area has been in the OTR tyre segment, where monthly production figures have increased by 15 per cent.