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Searched Tag: tyre manufacturing

A dynamic global business environment and sustainability imperatives present a unique opportunity for the Indian tyre industry to transform itself and drive sustainable growth through 2047

Rising exports to reflect in tyre industry’s growth, says report

September 16, 2025, 06:31 PM - 2 min read

A report has pegged the domestic tyre industry’s revenue to grow 12 times to ₹13 lakh crore by 2047 on the back of strong OEM sector domestically and increase in vehicle exports

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The Automotive Tyre Manufacturers' Association (ATMA) has urged the Indian government to impose strict regulations on the import of waste tyres, highlighting the country’s growing status as a "dumping ground" for scrap tyres.

India becoming tyre dumping ground: ATMA

July 9, 2024, 03:57 PM - 2 min read

ATMA also highlighted the issue of the inverted duty structure affecting the tyre industry. "While the basic customs duty on tyres is 10-15 percent, under Free Trade Agreements (FTAs), tyres are imported into the country at even lower preferential duties, whereas the basic customs duty on its principal raw material, natural rubber, is much higher at 25 percent or Rs 30/kg, whichever is lower," ATMA explained.

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