India's tyre industry anticipates substantial growth. Revenue could increase twelvefold, reaching Rs 13 lakh crore by 2047. This expansion is fueled by premium products and rising exports. The original equipment manufacturer sector and vehicle export growth are key drivers. The industry aims to meet domestic demand and significantly boost exports to markets like the US and EU.
from Auto-Industry-Economic Times https://ift.tt/CuRJXZI
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