Tyre Industry

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Title: Tyre Industry

Essay Details:

Subject: Miscellaneous

Author:

Date: February 2, 2015

Level: University

Grade: A

Length: 2 / 566

Essay text:

Despite the high volume of consumption, India's per capita rubber consumption is still under 1kg, compared to an average of 12 kilos in Europe and the US and nearly 3kg in China. This underscores the tremendous potential of the rubber industry with the country's increasing prosperity and industrialization. Another unique factor of the Indian rubber industry is that for the past few years it has been the world's 4th largest producer of natural rubber after Thailand, Indonesia and Malaysia. However, in terms of production efficiency, India is far ahead of the other three major rubber producing countries in terms of yield per acre...

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