Indian Natural Rubber Sector Sees Robust Growth Despite Challenges, Says Rubber Board Chairman
- By TT News
- September 21, 2023
Dr Sawar Dhanania, Chairman of the Rubber Board, expressed optimism about the growth in both production and consumption of natural rubber (NR) in the Indian plantation sector. At the 185th meeting in Kottayam, he acknowledged the challenges such as price volatility, climate change, market issues, and labour shortage. Dr Dhanania emphasized the need for grassroots-level solutions to ensure sustainability and profitability.
“The efforts of the Rubber Board and the timely interference in disease control, adoption of rubber holdings for harvesting, formation of Rubber Tapper Groups (RTGs), etc., have resulted in the augmentation of NR production in the country. But, many challenges, including volatilities in rubber prices, climate change, market issues, labour shortage, etc., continue in the rubber sector. We need to find suitable solutions at the grassroots level to make the plantation sector more sustainable and profitable. In the present scenario, Rubber Producers’ Societies (RPSs) need further improvement in their governance and activities to face the various challenges in the rubber plantation sector. RPSs should become self-sufficient in their activities. The concept of Farmer Producer Organizations (FPOs) in the RPS sector is a viable suggestion to experiment with in the coming days, Dr Dhanania said.
M Vasanthagesan IRS, Executive Director of the Rubber Board, provided an overview of the Indian NR sector. He reported an 8.3 percent growth in NR production, totalling 839,000 tonnes in 2022-23, with an average yield increase to 1,482 kg/ha. Domestic NR consumption reached a record high of 1,350,000 tonnes, reflecting a 9 percent increase from the previous year. The auto tyre sector saw a 4.8 percent growth, while the general rubber goods sector experienced a substantial 20.4 percent growth.
Auto-tyre manufacturing accounted for 70.3 percent of NR consumption in 2022-23. Projections for 2023-24 estimate NR production at 875,000 tonnes and consumption at 1400,000 tonnes. The Board commended the Union Government for increasing the import duty on compounded rubber to align with NR.
Additionally, the Committee recommended ensuring that the Rubber Production Incentive Scheme of the State Government reaches all small growers. The Rubber Board held meetings covering Staff Affairs, Strengthening of RPSs, and Research and development.
- Falken Motorsports
- Falken Racing Tyres
- 58th ADAC Barbarossa Prize
- ADAC RAVENOL Nürburgring Endurance Series
- ADAC RAVENOL 24h Nürburgring
- Porsche 911 GT3 R
Falken Motorsports Secures Podium In Nürburgring Season Opener
- By TT News
- March 24, 2026
Falken Motorsports kicked off its new season in commanding fashion, leveraging the performance of Falken racing tyres to secure a podium finish at the 58th ADAC Barbarossa Prize. This event, originally intended as the second round of the ADAC RAVENOL Nürburgring Endurance Series (NLS) but elevated to the season opener after a cancellation, saw Sven Müller and Tim Heinemann claim third place in the No. 44 Porsche 911 GT3 R.
After qualifying 10th despite not completing a perfect lap, the duo demonstrated the tyres’ full potential. Starting driver Müller engaged in fierce battles from the opening lap, and the pair steadily advanced in their teal-and-blue Falken Porsche through the field to reach the top five by mid-race. In the closing stages, Heinemann delivered decisive overtakes, coming within a second of second place on the final lap to seal an early-season podium.
For customer team Max Kruse Racing, the Audi R8 LMS GT3, running on alternative fuel, finished 23rd with Jan Jaap van Roon, Tom Coronel and Rudy van Buuren. The sister car, driven by Dominik and Marcel Fugel alongside Benjamin Leuchter, placed 30th, while both VW Golf GTI TCR entries retired early. Falken Motorsports now prepares for the 57th Adenauer ADAC Rundstrecken-Trophy on 11 April, the third NLS round, building towards the ADAC RAVENOL 24h Nürburgring (14–17 May).
- Galaxy Tyres
- Yokohama-ATG
- Galaxy 100+ years
- Construction Tyres
- Earthmoving Tyres
- Material Handling Tyres
Galaxy Marks Century-Plus Legacy With 100+ Years Campaign And Strategic Expansion
- By TT News
- March 24, 2026
Celebrating more than a century in the industry, Galaxy has launched its 100+ years campaign, a tribute to its enduring legacy as a premier name in construction, earthmoving and material handling tyres. The company has launched a campaign video highlighting the brand’s longstanding record of reliability, a reputation built on strength and resilience that has made Galaxy a global leader ready for any challenge.
With a history of serving customers worldwide through specialised, application-driven tyres, the brand’s success has been driven by popular models such as the Hulk, Beefy Baby, HTSR, LDSR, Yardmaster Ultra, MFS 101 SDS and Port Max. Now, drawing upon decades of engineering know-how, Galaxy is poised to expand into the UTV and ATV market this year. This strategic move broadens its portfolio across new off-highway applications while staying true to its commitment to innovation and dependable performance.
Scheduled to run throughout 2026, the campaign reinforces Galaxy’s role as a proven, steadfast partner – equipped to handle the extra load, no matter the destination. Click here to watch the campaign video.
Angelo Noronha, CEO, Yokohama-ATG, said, “It is a moment of immense pride for all of us at Galaxy as we celebrate over 100 years of excellence in the off-highway tire segment. The campaign showcases the brand’s success over this period, deeply rooted in customer centricity. We are grateful to our global customers, partners and stakeholders for their trust and continued support throughout this journey as the brand marches ahead to the next century.”
Michelin India Strengthens Maharashtra Network With Trio Of New Retail Outlets In Pune
- By TT News
- March 24, 2026
Michelin India has strengthened its retail presence in Pune with the launch of three new Michelin Tyres & Services (MTS) stores in partnership with Darshan Tyres. This expansion marks a significant step in broadening the company’s retail network across Maharashtra, driven by a commitment to bringing its products closer to customers.
Strategically situated in Hadapsar, Camp and Chinchwad, the three facilities span 2,500 square feet, 1,500 square feet and 2,500 square feet, respectively, placing them in key locations to serve the city’s expanding community of premium vehicle owners. Each location is equipped to deliver the full spectrum of Michelin’s passenger car tyre offerings, supported by advanced diagnostic technology and precision equipment for services ranging from alignment and balancing to fitting and repairs.


The venture builds on a longstanding partnership with Darshan Tyres, a well-established name in Pune’s automotive aftermarket with over 35 years of experience. Together, they now operate a network of 11 stores and two advanced detailing studios, combining Michelin’s technical expertise with Darshan Tyres’ deep local knowledge and service-focused reputation.

Shantanu Deshpande, Managing Director, Michelin India, said, ““Pune continues to be one of India’s fastest-growing automotive markets, with a strong base of premium vehicle owners. The launch of three new Michelin Tyres & Services Stores reflects our focused approach to expanding our retail footprint in high-potential markets and bringing our products and services closer to customers. This expansion is aligned with our plans to introduce Made-in-India passenger car tyres, reinforcing our commitment to delivering globally benchmarked products tailored for Indian consumers.”
- Toyo Tire Corporation
- Aleksandar Vucic
- Takashi Shimizu
- Satoru Moriya
- Serbia
- Indjija
- Research And Development
Toyo Tire Breaks Ground On Serbian Research Centre
- By TT News
- March 24, 2026
Toyo Tire has begun construction of a new research and development centre in Serbia, marking a further consolidation of its European operations.
The Japanese manufacturer held a groundbreaking ceremony recently at its factory site in the Municipality of Indjija. The event was attended by approximately 100 guests, including Aleksandar Vučić, President of Serbia, and Atsushi Saito, Japan’s chargé d’affaires ad interim to Serbia.
Scheduled to become operational in January 2027, the centre will serve as a hub for advanced processing technology. Engineers at the site will focus on developing rubber compounds and materials, as well as composite design and raw material evaluation.
Satoru Moriya, Director at Toyo Tire, said the facility would "establish a European operational model that coordinates R&D, production, and sales functions," with the aim of boosting the competitive advantage of brands such as Proxes.
The facility is located adjacent to the company’s Serbian factory, allowing the group to use existing proving grounds for driving tests. Toyo Tire expects this proximity to increase development efficiency and reduce the time required to bring products to market.
President Vučić described the investment as a sign that Serbia possesses the "human resources, infrastructure, and determination" required for advanced technological development.



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