Cars in slow lane, but tyre makers see demand uptick

Domestic tyre demand is seen to grow by 7-9 per cent over the next five years. Infrastructure push and expected easing of liquidity will be growth drivers for replacement demand. Tyre makers will......

Kerala floods: Businesses stare at a loss of over Rs 20,000 crore

Kerala floods take a toll on small businesses, NBFCs brace for losses The floods in Kerala have hit small businesses in the state, mainly in the retail, agriculture, plantation and tourism......

Hyundai drives car tyre imports in June quarter

The import of car tyres surged in April-June as compared to the same period last year, but those of truck and bus tyres fell.Data from the Automotive Tyre Manufacturers Association (Atma) show a 23......

Budget: Tyre cos seek less import duty on rubber

Indian tyre companies said on Thursday that their wishlist from the Union Budget includes a reduction in import duty on natural rubber and fund allocation for incentivisation of domestic......