During FY2014-17, the Indian Tyre industry commissioned Rs. 11,500 crore worth of projects : ICRA

31st March 2017 Jas India, Reports/Research, Tyres 0

  • Driven by strong growth across product segments, overall export volumes grew by ~29% during 9MFY2017.
  • TBR imports: Chinese tyres get an ADD/CVD reprieve from United States International Trade Commission; tyre imports to India likely to fall
  • ICRA RM price index expected to spike by 15%-18% QoQ during Q4FY2017
  • ICRA research expects revenue growth for the industry of ~12%-13% (CAGR) during FY2017-20.

Please find attached herewith the entire report:

ICRA Update on Indian Tyre Industry 31 March 2017

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