ISBN: - 978-93-88936-09-5 (7) Sangltani (1973), in the words of, the Indian Rubber Industry manufacturers almost every conceivable rubber product from tiny balloons to giant tractor and aero tyres needed for internal consumption as well as for export. The industry is already catering to the requirements of defence like pharmaceuticals textiles and furniture as well as agricultural options. The industry has to depend still on foreign countries for certain vital and sophisticated rubber products. He feels that a major break in this areas should be attained it’s the rubber industry is given a good exposure to the use of certain modern technology. (8) Muniyandi, B.; Bankaranarayanan, S.; and Chellan, K. (1997) in there article “Marketing of natural rubber. A case study in Kalkulam Taluk of Kanyakumari District” the study reveals that the natural rubber plays and indispensable rule in manufacturing a variety of product. The world today uses as many as 5,000 different rubber products. India occupies a prominent position in rubber goods manufacturing and produce over 35,000 individual items. At present India occupies the fourth position in the production of natural rubber at global level, production was increased to 3, 93, 490 tons in 1992-1993, Which was about 25 times more compared to 15,830 tons in 1950-1951.The rubber industry is a labour absorption and export earning in industry. The number of labours engaged in rubber touched 3.05 lakhs, about Rs.671.85 crores was earned as foreign exchange through export of rubber goods in 1993. (9) The Hindu business line was stated that “Take Advantage of the price differentiating spot, forward markets Kochi” as future of natural rubber continues to grow, arrivals at warehouse of commodity exchange have increased enabling formers and arrivals of rubber at the exchange were house that increased 89 percent year 2001. 10)Ahmad Mahdzan Ayob and Antony Prato in their study on “An Economic Analysis at the United States point import demand and prices for natural rubber”, department at agriculture economic publication, at Florida Gainesville august 1971, The development of rubber economy of Kerala is an important step towards the advancement of agriculture sector in the state. There have been a number of studies about the spectacular development of small holding rubber sector and its dominant role in the total production of natural rubber. But these studies deal only with productivity, technology adoption, credit facilities and different schemes of governmental agencies to encourage production. 45
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