Indian tire industry poised for continued growth after 2023 surge
Tire Review Magazine
JULY 2, 2024
Year Tire production (in million) Percentage growth over previous year 2015-16 152.03 – 2016-17 166.94 6% Table 1: Tire production in India since 2015. “Four million cars means immediate translation into replacement demand in the next two to three years. 10 % 2017-18 177.67 6% 2018-19 191.98 21% 2022-23 217.35
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