INDIAN RUBBER INDUSTRY AT A GLANCE IN 2019 - 2020 General Overview
India ranks fourth among the top rubber consumers in the world. ยท It is the third largest producer and is the largest producer of reclaimed rubber.
Spurred economic growth and higher import duty and anti-dumping duty on tyres has contributed to the growth of the Indian Rubber Industry in recent years. The consumption of natural rubber has increased from 111,2210 tonnes in 2018 to 1211,940 tonne in 2019. The imports also increased by 24 per cent in 2019 and 70 per cent of the imports was through duty-paid channel. As in the previous years, 81 per cent of imports was in the form of block rubber. The major factors behind the import are the differences in prices between domestic sheet rubber and international block rubber and shortage of rubber in the domestic market. The import during the current fiscal was 582,381 tonnes and it is projected at 500,000 tonnes in the next financial year.
The production capacity in India is around 900,000 tonnes, of which around 75% is tapped. Out of the total area under rubber in India of around 8 822,000 ha, 614500 ha is a mature yielding crop.
Rubber Growing States
Traditional rubber-growing states comprising Kerala and Tamil Nadu account for 81% of production. Major non-traditional rubber growing regions are the North Eastern states of Tripura, Assam and Meghalaya, Odisha, Karnataka, Maharashtra and West Bengal.
