China on the Rise Tire Companies Making Waves Around the Globe
The Chinese tire industry, which has grown exponentially for more than a decade, has been facing a slowdown for the past two years. Tariff and non-tariff barriers imposed by a number of key countries and huge overcapacity in domestic tire manufacturing have adversely affected the industry.
Indian Tire Industry Influences Higher Demand, Demonitization Impact Growth
Despite global and domestic uncertainties, the Indian tire industry made steady progress in 2016. India continued to remain a beacon of hope and strong performance, retaining its position as the fastest growing economy in the world.
Indian Tire Industry Faces Tough Year
Huge momentum in the Indian automotive industry in recent years has led to a brisk growth for Indian tire production. With a population of more than 1.3 billion people and one of the fastest growing automotive industries, tire production in the country is expected to reach new heights in coming years. The following is an