India to invest more on Synthetic rubber
India to invest more on Synthetic rubber
Share:

Indian companies are focusing more on to invest their money on synthetic rubbers. As per the reports, the data estimations suggest that India had recently added 270,000 tonnes of rubber per year.

Not only this, but tyre manufacturer said that we should start producing Solutions Styrene Butadiene Rubber (SSBR), this are the best materials and produce the high-quality tyres. However, this demand will also be accomplished soon.

As per the source, during the end of the 2016, the growth of synthetic tyre demands were increased by 580,000 tonnes per year in the automobile sector and till 2018 it will be 650,000 tonnes

 

Also Read:

India's leading tyres making CEAT sold it’s 3.54% worth Rs.185 crore to Jwalamukhi Investment

Indian imports from the UK hiked up to 11-fold in 7 years of lag

Volkswagen to have premium ranged car in its lineup

 

 

Join NewsTrack Whatsapp group
Related News