Indian automobile industry has been in the fast lane since the past few quarters auto ancillary segment has also remained buoyant. With OEM as well as replacement markets witnessing traction, Indian tyre industry is expected to perform well. sneha dewoolkar analyses how Indian tyre industry is placed in a scenario of rising rubber prices.
It is said that the sign of economy recovery is seen through different factors. One of the factors we can say is the automobile sales. If we look at the sales figure, we come to know about the recovery seen in the automobile sales. As the growth is taking place in automobile sector, we feel that there is one sector which has a relation with the automobile sector. The sector we are speaking about is the tyre industry. That is the reason why we have stated earlier that tyre and automobile are interrelated as a car cannot run without the wheel and thus tyre plays an important role. This is reason why we have selected the tyre industry under the Industry Premier Section in this issue. We believe that tyre industry is expected to show better growth in the near future. Now let us throw some light on the industry.
AN OVERVIEW
The tyre industry plays a very vital role for the automobile sector. Moreover, the growth of tyre industry is highly dependent on the auto sector. If we take into consideration the past year’s performance, the revenues of tyre companies in India registered CAGR growth of 12 percent in the period starting 2010-2015. The reason for such stagnant growth in tyre sector was mainly due to subdued auto demand, rising Chinese imports and fall in the raw material prices. Nevertheless, the scenario is likely to improve going ahead.
Bu hikaye Dalal Times Magazine dergisinin August 2016 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Dalal Times Magazine dergisinin August 2016 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
TATA STEEL: Gaining Strength
Metal space globally witnessed a difficult scenario in past few years and India was no exception. With exposure to India as well as European markets, it was a double whammy for tata steel. However things are changing for better in metal space making tata steel a good long term bet.
The 'West' side in Retail
In this last issue of ‘How good a bet’, aakash hindocha presents trent, a counter in the retail front as Dalal times continues to believe that retail is set to play a big role in the upcoming bull market.
Tyre Industry: Holding Firm Grip
Indian automobile industry has been in the fast lane since the past few quarters auto ancillary segment has also remained buoyant. With OEM as well as replacement markets witnessing traction, Indian tyre industry is expected to perform well. sneha dewoolkar analyses how Indian tyre industry is placed in a scenario of rising rubber prices.
Kohinoor Foods Rich Recipe For Portfolio
India is an agrarian economy and with a good monsoon the agri based segments are witnessing a good traction. India is a major producer of basmati rice and is expected to be a major beneficiary of increasing global demand. Sneha Dewoolkar analyses growth prospects for India’s leading basmati rice processor, Kohinoor Foods.