tyre industry: Tyre exports from India recorded at Rs 23,073 cr in FY24

The total tyre exports from India during 2023-24 stood at Rs 23,073 crore, matching previous year’s figure on the back of a sharp recovery in the second half of the fiscal, the Automotive Tyre Manufacturers’ Association (ATMA) said on Tuesday. In the first half of the year, tyre exports were severely impacted by falling demand … Read more

Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: Icra

Domestic tyre sale volumes are expected to see a moderate growth of 4-6 per cent this fiscal after witnessing an estimated pace of 6-8 per cent in the previous financial year, ratings agency Icra said on Thursday. This growth in the last fiscal was driven by factors such as elevated base and subdued growth in … Read more