Raghupati Singhania, CMD, JK Tyre and Industries is of the view that the sales of tyres will see a further dip in this month. Talking to a leading Indian Business News Channel he told about the difficulties the Indian tyre manufacturers are facing. He said that Chinese are dumping tyres at 25-30% lower, which in fact is lower than the prices of raw materials.
He also voiced concerns over the increasing imports from China. At present Chinese imports stands at 42% of replacement market of truck and bus radials. Mr. Singhania also told how the truck production has halted and tyre offtake from Original Equipment Manufacturers (OEMs) has stopped too. Further, the situation is getting worse with the cheap imports from China.
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.
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