Financial Daily from THE HINDU group of publications
Tuesday, Nov 23, 2004

Cross Currency

Group Sites

Industry & Economy - Tyres

Truck, bus tyre output recovers

K.R. Srivats

NEW DELHI: Truck and bus tyre production staged a recovery in September to touch 9.23 lakh units. Production in this category had dipped to 8.91 lakh units in August, against 9.53 lakh units registered in July. Production was 9.07 lakh units in September last year.

Truck and bus tyre category accounts for over 70 per cent of the turnover (in value terms) of the domestic tyre industry.

Export performance too was impressive in September with the total number of tyres exported in this category touching 2.58 lakh. This is the industry's best performance so far in the current fiscal. Exports were 1.84 lakh units in August and 2 lakh units during September 2003.

Production of truck and bus tyres increased 2.67 per cent in the first six months (April-September 2004) of the current fiscal to 54.63 lakh as compared to 53.21 lakh in the same period last year. Exports increased 4.28 per cent to touch 11.44 lakh units (10.97 lakh units ).

According to the automotive tyre manufacturers' association (ATMA), passenger car tyre production by ATMA member companies during September stood at 9.87 lakh units (9.80 lakh in August) and against 10.09 lakh during July.

Production of light commercial vehicle tyres stood at 3.32 lakh tyres during September (3.18 lakh in August).

More Stories on : Tyres

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Wind power policy opens up Govt land for developers

Finance Ministry asks NIPFP to strengthen its report on subsidies
Measures to curb misuse of area-based excise exemptions mooted
Bangalore zone gets Rs 425-cr Central Excise from auto sector
FICCI signs pact with Brazilian counterpart
`SAARC nations must bolster regional co-operation'
Ranbaxy launches new drug for urological disorder
Global symposium on steroid hormones begins tomorrow
Infrastructure projects make tardy progress
Industrial power consumption up in AP
Textile sector seeks fund to revamp high cost debt
Truck, bus tyre output recovers
Demand management of groundwater vital: Study
Centre okays desalination plant in AP
Bid to maintain regular water supply to Chennai — New Veeranam to be backed by Rs 300-cr project
Plea to make credit rating of realtors mandatory
Onkar Kanwar is next FICCI President
Govt awaits GoM report on foreign newspaper titles regn
Allow up to 49 pc FDI in retail sector: ICRIER
AP to launch insurance scheme for girl child soon
Dhan Foundation to offer risk cover for self-help groups
Nurturing growth
Call to utilise NSS services for Mangalore city
BPCL outlets in Kerala to house tourist aid centres
11 industry captains in manufacturing council list

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line