Monday, January 4, 2010
Indian rubber industry is one of the fastest growing industries that have ample of opportunities to explore. Nearly 6,000 rubber manufacturing units are set up across various states of India. These units together produce more than 37,000 type of rubber items. Indian rubber manufacturers has completely changed India into a leading exporter and supplier of rubber products all across the world. A large number of products manufacturing by Indian manufacturers include natural rubber, reclaim rubber, carbon black, synthetic rubber, fatty acids, rubber chemicals, rayon, etc. Latex products, auto tyres, tubes, belting, hoses, automobile parts, cable and wires, etc. are the products created widely by rubber products distributors. Indian rubber industry is broadly divided into two categories, tyre and non-tyre.
India ranked as the third largest rubber producer across the world. Rubber products manufactured by Indian manufacturers do not only cater to the domestic needs but its bulk proportion is supplied and exported to foreign countries. Mainly, the products are exported to the wide markets of countries like France, UAE, Italy, Germany, USA and UK. Saudi Arabia, Africa, Bangladesh and Afghanistan are some of the leading importers of rubber who buy products from India. The prospective market for India’s export is gradually shifting from western countries to Asian countries. This is again providing a huge scope to the Indian rubber products manufacturers.
Our Indian Rubber Industry serves almost every sector including engineering, aviation, aeronautics, pharmaceuticals, steel plants, railways and agricultural transport, mines, textiles, etc and is a primary sector that plays crucial role in Indian economy with a turnover of USD 8 billions. The industry contributes USD 1.6 billions to the National Exchequer through taxes, duties and other similar levies.
India’s strong technically trained manpower has led India to become a praiseworthy leading player in the world. Also, many institutions for education, training and testing are, in other way, helping the industry to flourish further. While India is the fourth largest consumer of rubber, the country is also a preferred destination for some of the biggest rubber companies as a consequence of direct investments or technical tie-ups.
To know more about our services, visit http://tenders.indiamart.com.