According D. Ravindran, director-general of the Automotive Tyre Manufacturers Association (ATMA), contracts have already been signed and consignments will begin arriving from April onwards. “We will take stock of the situation in April to see how the prices behave and, if necessary, we will import more,” he adds.
The imports come after a lull of six months at a time when NR prices are on the ascent. The peak-tapping season is coming to an end while, for the tyre companies, the production season is just beginning.