Indian tyre market studied

ERJ staff report (DS)

Dublin, Ireland -- RNCOS has published a report titled, Indian Tyre Industry Analysis . The 65-page report was first published in April 2011 and is available for a price of around US$700, depending on delivery options.

The publishers say, "the financial crisis had moderate negative effects on the commercial vehicle market, which created strongest demand for tyres in the country. At the peak of the crisis, the demand for commercial vehicles recorded sluggish growth due to the weak performance of infrastructure, construction, manufacturing, and other sectors. However, the commercial vehicle segment successfully regained its growth from FY 2010 onwards, in terms of both production and sales. The main reason for revival of growth in the commercial vehicle segment was improving demand from almost every core sector. It was reflected in increasing tyres offtake during FY 2010 and tyre production grew by around 18.3 percent over FY 2009."

ERJ has not seen this report and can make no comment on the quality of the research or of the conclusions.

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Home page of report on RNCOS website