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CRISIL MI&A and ATMA: Tyre industry on a roll, driving towards doubling in size

CRISIL MI&A and ATMA: Tyre industry on a roll, driving towards doubling in size
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Indian tyre Industry revenue to soar to USD 22 bn by fiscal 2032: ATMA report, ET Auto

Atma: The report estimates the industry’s turnover will increase 100 basis points to 3.4% of India’s manufacturing gross domestic product (GDP) by fiscal 2032 compared with 2.2% in fiscal 2022. Further, its contribution to Goods and Services Tax (GST) will rise to USD 4.1 billion from USD 2.0 billion, number of jobs supported to 3.7 million from 1.9 million and share in global trade to 4.5% from 3.1%. ....

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