New Delhi [India], February 8 (ANI/NewsVoir): Hisashi Takeuchi, Managing Director & CEO - Maruti Suzuki India Ltd., presented the ATMA Lifetime Achievement Award to K M Mammen, Chairman and Managing Director of MRF Ltd
Guwahati, Nov. 4 (PTI): Four leading tyre makers will invest INR 1,100 crore to increase rubber plantation in Northeast and West Bengal as part of a five-year project being implemented by the Automotive Tyre Manufacturers’ Association (ATMA) in association with the Rubber Board. Talking to PTI in Guwahati on Friday, Rubber Board executive director KN Raghavan said there is a huge demand-supply gap of natural rubber in India and the country highly is dependent on the import of the commodity. “Against India’s consumption of 12.3 lakh tonnes of natural rubber in 2021-22, the domestic production stood at 7.7 lakh tonnes. It is estimated that the demand of natural rubber will grow to 20 lakh tonnes by 2030,” he said. The country imported 5.46 lakh tonnes of rubber, mainly from Indonesia, Vietnam, Thailand and Cote d’Ivoire (Ivory Coast), resulting in an outgo of INR 7,500 crore during the last fiscal, Raghavan said. “On this backdrop, the ATMA came forwar