Rubber articles' exports to rise 10% in FY18

Industry seeks a separate export promotion council to address trade issues

Triggered by a sharp increase in demand from the United States and the European Union, India's exports of rubber articles are likely to jump by over 10 per cent in the current financial year.

Over 6000 units involved in the business of manufacturing around 35,000 highly engineered rubber products for applications in railways, defence, submarine, highways and other such sectors. Of this around 100 large units and 3000 medium size have invested in modernizing their age-old plants to cater to demand from the United States and the European Union. These companies have tied up with global giants, including 3M, Dupont,