MarthaBertha - China Automobile Expert-CNAUTO

KOCHI: The rubber and tire industry has strongly contested import claims. The United Plantation Association of South India (UPASI) recently said that the rubber industry is suffering as natural rubber (NR) production in India is much higher than the domestic production deficit. According to the Rubber Board, the gap between production and demand of natural rubber was 255,000 tons from April to October of the current fiscal year, but imports of natural rubber stood at 252,000 tons. “Imports of natural rubber are much lower than the gap between domestic production and consumption. Their argument that imports are hurting growers is flawed. On the contrary, the President of the Association of Indian Rubber Industries (AIRIA) said that the industry is under a punitive tariff structure (AIRIA ) Gupta said that imports of natural rubber are much higher than the finished product, leading to a decline in the competitiveness of the industry. The industry has also objected to th...

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Rubber and tyre industry says imports have been less than production-consumption gap this year