Tyre industry seeks measures to stop slide in domestic production
Tuesday, March 7, 2017, 10:53 AM
Automotive Tyre Manufacturers' Association has said the emerging situation has sent alarm bells ringing for the tyre industry. Truck & bus radial tyres have been the fastest growing segment in the tyre industry, accounting for two-thirds of the 35,000 crore investments made in recent years. Over the last one year, the industry has hardly grown in size and the top line is under pressure.