INDIAN RUBBER INDUSTRY REPORT: RESILIENCE, INNOVATION, AND EXPANSION
- Credit Rating Agency in India
- Industry Report
- INDIAN RUBBER INDUSTRY REPORT: RESILIENCE, INNOVATION, AND EXPANSION
The rubber industry in India is divided into two sectors - tyre and non-tyre sector produces all types of auto tyres, conventional as well as radial tyres, and exports to advanced countries like the USA, Türkiye, Mexico, Germany, Brazil, Bangladesh, etc.
The non-tyre sector comprises medium-scale, small-scale, and tiny units. It produces high-technology and sophisticated industrial products like conveyor belts, gaskets, floor tiles, wire and cable insulation, footwear, molded goods, footwear, printing rollers, cable jacketing, non-latex gloves, professional diving suits, life jackets, remote controls, knee and elbow pads, laptop sleeves, adhesives, hoses, etc. The small-scale sector accounts for over 50 per cent of the production of rubber goods in the non-tyre category.