Indian Figures Show Production Up, Exports Down
Detailed figures showing tyre production and exports by Indian manufacturers have been released, covering the months of December 2006 and January this year. The figures are split into a number of categories – 12 in all – and the January figures show that, in eight of these, production rose compared with January last year. The total number of tyres produced during the month was 10 per cent up on January 2006.
Figure 1 shows the numbers of tyres produced in January, the percentage change over January 2006, plus the percentage change for the period from April to January (06-07) over April- January (05-06). This last figure gives a more accurate indication of trends, as a single month’s figures could be affected by such things as seasonal factors.