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Tag: Tire industry

US rate more biased against the Indian automotive, tire industry compared to Asian colleagues: ICRA
Automobile

US rate more biased against the Indian automotive, tire industry compared to Asian colleagues: ICRA

New Delhi: the 25 percent American rate on Indian export places the domestic car component industry and tire makers in an unfavorable position compared to Asian colleagues such as Japan, Vietnam and Indonesia, who are dealing with lower tasks, said Ratingbedrijf ICRA on Saturday. The US government has announced that the rate on all goods […]

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Tire industry to see this financial year with a revenue growth of 7-8% on replacement question: report
Business

Tire industry to see this financial year with a revenue growth of 7-8% on replacement question: report

Crisil Ratings Report predicts a revenue growth of 7-8% in the domestic tire industry, which quotes challenges under referral of trade tensions and dumping risks. | Photocredit: Sivakumar PV The domestic tire industry is expected to witness the turnover growth of 7-8 percent This tax year, driven by the replacement demand that accounts for half […]

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