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After touching a 13-year high of nearly Rs 240 per kg in 2024, domestic rubber prices are now in the range of around Rs 190–200 per kg. (File photo)
5 min read Last Updated : May 25 2025 | 10:08 PM IST
Despite low exposure to the US,
Indian tyre companies are drawing up measures to offset the impact of potential tariffs at a time when raw material prices are already denting margins.
Leading players like Ceat, Apollo Tyres and JK Tyres downplayed the immediate financial impact of potential
US tariffs and retaliatory duties from countries such as Sri Lanka, citing their current limited exposure to the American market.
Ceat Managing Director Arnab Banerjee said US sales form a low single-digit share of the overall revenue, while Apollo CFO Gaurav Kumar pegged the company's US exposure at $100