Indian tyre industry anticipates long-term growth due to domestic and international market expansion and government infrastructure investment.

The Indian tyre industry expects long-term growth due to rising domestic & international markets and govt. infrastructure investment. Despite export challenges, tyre exports reached ₹23,073 crore in FY2023-24, with a 12% value increase in the second half over the previous year. The industry anticipates significant export growth in the next 3-4 years, solidifying India's position in the global market.

June 11, 2024
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