Report values Indian tyre replacement market at €1124 million

Mumbai, India - An analysis of the Indian Tire Aftermarket reveals that the market earned revenues of $1462 million (€1124 million) in 2005 and estimates this to reach $3415 million in 2012. The research study, from Frost & Sullivan Inc is available through the company's Automotive & Transportation Growth Partnership Services programme, or online through Research & Markets.

In a statement, the researchers said, "This Frost & Sullivan research service titled Indian Tire Aftermarket provides a detailed analysis of the various factors driving and restraining this market. It also provides in-depth coverage of the passenger vehicle, CV and two/three-wheeler segments. Key factors and issues that have an impact on the market such as radialization, imported tires, distribution structure, and pricing trends are discussed to give a clear picture on the expected development of this market."

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Research overview from Frost & Sullivan website

Press release from Frost & Sullivan

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