India’s tyre exports grew by about 17.5 per cent year-on-year to 29.19 lakh units during April-September 2010, Parliament was informed today.

During April-September 2009, the country exported 24.81 tyres, the Minister of State for Commerce and Industry, Mr Jyotiraditya Scindia, said in a written reply to Lok Sabha.

“However, tyre exports registered a lesser growth comparatively due to global economic slowdown and recessionary conditions of market,” he said.

During the first half of the fiscal, a total number of 571.99 lakh tyres were produced against 446.33 lakh in the same period last fiscal, he added.

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