RUBBER INDUSTRY OF INDIA: GROWTH AND CHALLENGES

Friday, December 02 2022

Rubber industry has been one of the important sectors of the Indian economy. India was the sixth largest producer and the second largest consumer of natural rubber in the world in the year 2021. In terms of both natural rubber and synthetic rubber put together, India is the fifth largest consumer in the world. With progressively rapid integration of the Indian economy with the global economy, the Indian rubber industry is here to stay and acquire greater strength and importance. Among the states, Kerala is the largest producer of natural rubber in India followed by Tamil Nadu, Karnataka, Tripura, Assam, Andaman and Nicobar, and Goa.

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