India's natural rubber output jumped 15% in FY 2017-18. India's rubber consumption is pegged at just over 1 million tonnes a year. India's natural rubber output jumped to its highest in four years at 750,000 tonnes as a spike in benchmark prices prompted farmers to start tapping trees they had abandoned earlier, according to Reuters.
Turnover of Rubber Industry
Indian rubber industry registered an annual turnover of $ 12,700 million, with the tyre sector contributing to $7,600 million, non-tyre sector $ 5,100 million and export $ 2,300 million.