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16 Mar 2021

After a wave of price hikes of vehicles, tyres to now become costlier

The price of natural rubber has increased from Rs 100 a kg to Rs 180 a kg. This surge in prices would eventually affect the price of vehicles as it is going to be costlier than before. Tyres manufactured in India have a ratio of 40% natural rubber and 50% of synthetics (petrol derivatives).

30 Apr 2015

India to raise import tax on natural rubber by 5% from June 1

India will raise import tax on natural rubber by 5 percent to 25 percent from June 1, Finance Minister Arun Jaitley told lawmakers on Thursday.

09 Jun 2014

Natural rubber imports jump 64% in May

The import of natural rubber rose 64 percent to 34,419 tonnes in May on account of lower prices in international markets and drop in domestic production.

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