New Delhi, July 3 -- India's tyre exports rose 9 percent year-on-year to Rs 25,051 crore in FY2024-25, despite persistent global trade policy uncertainties and supply chain disruptions, according to the Automotive Tyre Manufacturers Association (ATMA).
Citing data from the Ministry of Commerce, ATMA noted that the tyre industry, with an estimated annual turnover of Rs 1 lakh crore, stands out for its high export-to-turnover ratio.
Exports exceeded Rs 25,000 crore in FY25, positioning the sector as one of the leading export performers in Indian manufacturing.
"The tyre industry has exhibited remarkable resilience and growth post the COVID-19 downturn," said ATMA Chairman Arun Mammen. "Over the past 3-4 years, manufacturers have invested...
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