Forecasts published on Indian tyre industry

ERJ staff report (DS)

Dublin, Ireland -- TechSci Research has published a new report titled, The Indian Tyre Industry Forecast 2014 . The 30-page report was first published in August 2010 and is available for a price of around Euro 1000, depending on delivery options.

According to TechSci Research, the Indian tyre industry will continue its growth trajectory and is expected to witness a turnover growth of more than 10% CAGR during the period between FY'11 and FY'14. The increasing level of investments to increase production capacity should drive the Indian tyre industry in the coming years. The industry is expected to witness the increasing penetration of radial tyres in production and as well as in the end market. TechSci Research expects that the commercial vehicle segment will have an improved degree of radialisation in coming years.

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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