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India’s rubber industry is expanding and deepening its roots. The rubber industry’s expansion in India has a huge impact on the global economy.
These elements, together with rapid expansion in vehicle production and numerous large and medium-sized businesses, have made India one of the world’s fastest-growing economies.
In a few years, India is expected to overtake China as the world’s second largest participant in this area. India is a major producer of natural rubber. It is primarily produced in Kerala, but production in North-East India is increasing.
Both natural and synthetic rubbers complement each other in supplying the desired end qualities to finished rubber goods.
The India Rubber Industry accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Kerala is home to India’s natural rubber industry. RIL’s manufacturing plant is equipped to produce both Talc Coated Rubber Thread (TCR) and Silicon Coated Rubber Thread (SCR) (SCR). RIL is the market leader in rubber threads in India, as well as a major exporter of the product.
Rubber Board is hosting a virtual trade event to promote Indian rubber products, particularly those from the MSME sector, in international markets. Virtual conference facilities, online interactions with worldwide buyers, and live broadcasting of activities are all available at the exhibition.
The Rubber Skill Development Council (RSDC), the country’s rubber sector skill council, held its annual awards ceremony virtually.
The RSDC awards event, which has earned a special position on the calendar of India’s Rubber and Tyre Industry, had the feel of a live concert because all of the awards ceremony’s aspects were strung together with high technical accuracy.
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