Textile Firm Enters Tyre Business
(Clacton, U.K./Tyres & Accessories) Indian textiles company Gupta Synthetics seems set to be entering the tyre raw materials market after announcing plans to invest 2.23 billion rupees (≤25.5 million) to set up a nylon tyre cord fabric (NTCF)-making and nylon filament yarn (NFY)-making factory in the city of Silvassa.
Indian Government to Make ISI Mark Mandatory
(Clacton, U.K./Tyres & Accessories) Luxury car imports into India could slow down after the Indian government circulated plans to require all replacement and OE tyres to bear the ISI mark.
Globalization: Can We Survive the Onslaught?
(Douglasdale, South Africa/S.A. Treads) Never before has the trend of Globalization been more acutely felt. In the context of the tyre industry, Globalization began almost a century ago, when manufacturing giants such as the Goodyear Tire & Rubber Co. began establishing operations outside of its home base, the U.S.
Tyre Importers Accused of ‘Dumping’ In India
(Clacton, U.K./Tyres & Accessories) The Indian tyre lobby has convinced the government to initiate anti-dumping proceedings against imports from China and Thailand.