Rajiv Budhraja
ATMA, India

An Overview of Tyre Auto and Tyre Sector in India – Challenges and Opportunities

Automotive sector is aptly called the ‘engine of growth’ for any economy worldwide.  India is no exception.  With the growth & development of Indian economy in the last one decade, India’s automobile sector has witnessed growth and achieved milestones which are unparallel.  Linked to this development, the related sectors like automotive tyres have also contributed to and gained from this spell of unprecedented growth.  The Presentation traces this impressive growth both in quantitative numbers and with apt comparisons of key parameters to enable qualitative comparisons.  Any long spell of growth brings with it challenges which are both internal and external to those sectors as well as the economy.  The Presentation also touches upon the challenges that are being faced as well as the opportunities that can be created as the sector gears to propel itself to next trajectory of growth.  Considering the criticality of natural rubber to the value chain of automotive sector, the presentation touches upon appropriate indices of India’s NR sector and the areas that merit attention and priority