ISBN: - 978-93-88936-09-5 Cenex was in 662, skil creepe was in 75, and other was in 40 tonnes of rubber sheets were produce in Mylar blocks. 2.8. RUBBER INDUSTRY IN INDIA The Indian rubber industry is posed to grow with increased potential in the days to come, both in terms of strength and dominance. The robust domestic demand and the increasing global prospects for natural rubber have made it inevitable for the industry to retain its domain as a vital component. India is the fourth largest producer and second largest consumer of NR in the world. Increasing prices and improved has provided a resurgent incentive for the rubber growers to produce more which has resulted in increased production India is considered as one among the fastest growing economic globally. There are about 4600 registered units comprising of 30 large scale, 300 medium scale and around 4400 small scale and tiny units which form part of the colossus of the natural rubber industry in India. Indian rubber industry is unique in the sense it is a major producer and consumer of natural rubber. Though rubber products manufacture started in the country in the year 1920, rapid growth in the last four decades has transformed the rubber products manufacturing industry one of the important sectors of the Indian economy. Considering the large population and the large manufacturing base particularly in the automobile industry and the availability of competitive labour, the country offers great opportunities for rubber product manufacture. With further investments in Research and development infrastructure, the country is poised to become a leader in rubber products manufacture in the years ahead. The world rubber production was considered to be very unstable during the last few years. Comparatively, India production of rubber is consistent at the rate of 6 percent p.a. The rubber industry in India has been growing in strength and importance. This is the result of India’s burgeoning role in the global economy. India is also one of the fastest growing economies globally. These factors along with high growth of automobile production and the presence of large and medium industries have led to the growth of rubber industry in India. 2.8(A) STRUCTURE OF INDUSTRY The two broad groups of the Indian rubber industry are the tyre and the non-tyre sectors, the former promoted mostly by large industrial houses and multinational companies and the latter comprising mostly by small and medium scale units. Many of the units in the small scale sector are tiny units consuming less than 10 tonnes of rubber per annum. It is pertinent to point out that the total number of units decreased from 5066 in 2001-02 to 4327 units in 2008-09. This is mostly on account of the closure of many SSI / tiny units which could not survive the present highly competitive environment and the high cost of raw 56
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