Tyre exports up 25% in Apr-Nov

Tyre exports increased 25 per cent during the April-November period of the current financial year. During the period, a total 5.03 million tyres were shipped compared to 4.01 million in the same period of the last financial year.

A good turnaround was noted in November as the shipments rose to 652,390 tyres as against 587,000 in the previous month. Exports in November registered a 11.13 per cent increase over the same month of the previous financial year. Export of motorcycle tyres registered an increase of 82 per cent in November, while 85 per cent decline was registered in the case of scooter segment.

In the case of production, the cumulative figure for April-November period was up seven per cent at 82.8 million tyres, compared to 77.3 million in the same period of 2010-11.

Total monthly production increased 10 per cent in November compared to October at 10.8 million across all categories. The total monthly figure in September was 10 million while this was 9.2 million in October according to the data by the Automotive Tyre Manufacturers Association.