Tyre exports expected to rise 7% to touch $1.85 billion in 2018-19

Tyre exports from India is expected to touch $1.85 billion by end of 2018-19, which will be a seven per cent growth compared to 2017-18. It may be noted that last year the growth was nearly 20 per cent compared to 2016-17.

According to Department of Commerce numbers, April to September 2018 tyre exports stood at $920.9 million. In 2017-18 tyre exports reported a 20 per cent growth to touch $1.74 billion as compared to $1.44 billion in 2016-17.

“During the current year also tyre exports have continued momentum of the previous two years. The industry is expected to end the current