| Indian rubber industry is one of the fastest growing | | | | products manufacturers. |
| industries that have a million of opportunities to explore. | | | | As it is a booming industry, its demand can never face |
| Nearly 6000 rubber manufacturing units are set up | | | | decadence because it caters to a broad sector, |
| across various states of the nation. These units | | | | almost every sector, including engineering, aviation, |
| together produce more than 35000 types of rubber | | | | aeronautics, pharmaceuticals, steel plants, railways and |
| items. Indian rubber manufacturers have transformed | | | | agricultural transport, mines, textiles, etc. the Indian |
| India into a leading exporter and supplier of rubber | | | | rubber industry is a core sector that plays crucial role in |
| products all across the world. The gamut of products | | | | Indian economy with a turnover of USD 8 billions. The |
| manufacturing by Indian manufacturers include natural | | | | industry contributes USD 1.6 billions to the National |
| rubber, reclaim rubber, carbon black, synthetic rubber, | | | | Exchequer through taxes, duties and other similar |
| fatty acids, rubber chemicals, rayon, etc. Latex | | | | levies. The industry bears some advantages that |
| products, auto tyres, tubes, belting, hoses, automobile | | | | greatly contribute to its intensification, these are;o |
| parts, cable and wires, etc. are the products created | | | | Extensive plantation sectoro Basic raw material |
| widely by rubber products distributors. Indian rubber | | | | available in abundanceo Ever increasing domestic |
| industry is broadly divided into two categories, tyre and | | | | marketo Being a huge automobile hub, India generates |
| non-tyre. | | | | a substantial demand for rubber items including tyreso |
| India is the third largest rubber producer of the world. | | | | Availability of cheap labouro Training provided by |
| Rubber products manufactured by Indian | | | | technical instituteso On-going economic reformso |
| manufacturers do not only cater to the domestic | | | | Improving lifestyles of the masses |
| needs but its bulk proportion is supplied and exported | | | | In recent years, Indian rubber industry has experienced |
| to foreign countries by the Indian exporters. Mainly, the | | | | a growth of 8%, thereby giving more opportunities to |
| products are exported to the wide markets of | | | | novice to earn their livelihood through the industry and |
| countries like France, UAE, Italy, Germany, USA and | | | | strengthening opportunities for those who already exist |
| UK. Saudi Arabia, Africa, Bangladesh and Afghanistan | | | | in it. India's strong technically trained manpower has led |
| are some of the leading importers of rubber who buy | | | | India to become a praiseworthy leading player in the |
| products from India. It is an atypical thing but rubber | | | | world. Also, many institutions for education, training and |
| products' consumption in western countries has | | | | testing are, in other way, helping the industry to flourish |
| reached to a saturation point. Therefore, the | | | | further. While India is the fourth largest consumer of |
| prospective market for India's export is gradually | | | | rubber, the country is also a preferred destination for |
| shifting from western countries to Asian countries. This | | | | some of the biggest rubber companies as a |
| is again providing a huge scope to the Indian rubber | | | | consequence of direct investments or technical tie-ups. |