Indian Tyre Industry Records 30% Hike In Tyre Imports

According to the Automotive Tyre Manufacturers Association (ATMA), in India the tyre import of Truck and Bus Radial Tyres has surged by 30% in the first half of Financial year 2016 – 2017, when compared to the same financial period for the last year. The apex body which represents Indian tyre makers blamed this upsurge to the increasing influx of Chinese import.

This time the import of Truck & Bus Radial Tyres have crossed the level of 1.4 lakhs unit per month in the FY of 2016-2017 which was only 40 thousand units per month in the FY of 2013-2014 and saw an increase of about 400% in three years.

As per the statement given by K M Mammen, Chairman of ATMA, he said that there will no current reprieve from indiscriminate import and dumping of radial tyres especially truck & bus radials (TBRs) from China. And such large scale imports will seriously hurt the domestic manufacturing of Truck and Bus radial Tyres.

Since Truck and Bus Radial Tyres are seen as the growth driver for the TBRs industries, therefore most of the new investments of Rs. 35 thousand crores by the tyre industry has been made in the last 3-4 years in setting up TBR capacities.

But unfortunately, dumping in Truck and Bus radial Tyres is touching new highs even as domestic capacities are going steadily. With this expansion in capacity, the capacity utilization levels have come down in Truck and Bus radial Tyres manufacturing from 80-85% to 60-65% in the last couple of years.

Author: Ankit verma

My need for speed began at a very early age and I realised this as soon as I got my first bicycle at the age of 8. When all the other kids would break downhill I would pedal harder just to go faster and enjoy the thrill. Adding to my interest for speed, I grew engrossed in the working mechanics of two wheelers thanks to my father as he is a hydraulic mechanic and would take me along with him on his repair sessions. Eventually I became familiar with the tools and basic technical concepts of two wheelers.Super sport and sport tourers are more of my liking and the sparks to these flames were ignited the first time I experienced the maddening power of a Yamaha YZF R1. I was just 14 years old at the time and got to ride as a pillion with an older acquaintance. This one short ride influenced my every decision in terms of the bikes I want to own. As of today I’m 26 years old and a proud owner of a Yamaha Fz15 version 2.0 and a Kawasaki Ninja 650 2014 model having clocked a decent 30k Kms only while touring, waiting to clock 1000s more as riding makes me feel whole again after enduring the dismal routines of life. Read more