Indian tyre exports increased 17% to Rs 6,219 crore in Q1FY25, led by the US market with growth in motorcycle and Truck & Bus Radial tyres.

Indian tyre exports grew 17% to Rs 6,219 crore in Q1FY25, driven by factors like R&D, advanced tech products, and competitive pricing. The US is the largest market, with motorcycle tyres and Truck & Bus Radial tyres experiencing significant growth (38% and 31% respectively). Despite these achievements, challenges persist, such as global supply chain disruptions, rising shipping costs, and geopolitical risks.

August 29, 2024
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