However, the performance of the heavy commercial tyre segment has not lived up to expectations. Exports too are a worry, with many Western countries facing inflationary trends.
“Last financial year, Indias production of natural rubber was 8 lakh metric tonne and we expect it to be 5% more this year,” said Ramesh Kejriwal, president, All India Rubber Industry Association.
Natural Rubber Production Likely To Rise 5% In Fy24: Airia menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.