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The rubber price crash has brought down the Indian Rubber Industry but the industry is anticipating a favourable outlook in 2015-16. Rating agency ICRA has predicted 9-10 per cent growth in domestic tyre volumes during 2015-16. The pick- up in auto demand and an improving economy and lower raw material costs would be the reasons for the same.

The total production during the current fiscal's first nine months (April to December 2014) was down by 17.33 per cent to 517000 tonnes from same period of previous year.The production dropped mainly due to some farmers skipping tapping after rubber prices fell to their lowest level in five years. In the first nine months of financial year 2015, India's natural rubber imports increased by 24.89 per cent to 326567 tonnes as compared to same period of last year.


Import of natural rubber in India in value terms is likely to touch $1,107 million by the end of the current fiscal year 2014-15.

The total quantity of rubber consumed in the country during the first nine month of the current fiscal was up 4.32 per cent at 763065 tonnes in comparison to same period of last year.

  INDIAN Rubber INDUSTRY AT A Glance IN 2012 - 2013

  INDIAN Rubber INDUSTRY AT A Glance IN 2011 - 2012

  All India Rubber Industries Association

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