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Jun 26, 2024

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Rubber Board: Production and consumption of domestic NR gains momentum

India's natural rubber (NR) production during 2023-24 was 857000 tonne, marking a significant growth of 2.1 per cent compared to 839000 tonne in 2022-23. This positive trend was...

CBIC launches awareness campaign against customs fraud

The Central Board of Indirect Taxes and Customs (CBIC) is launching a multi-modal awareness campaign to safeguard the public from fraudsters posing as Indian customs officers, a PIB...

Rubber cultivators in Kerala shift jobs over inadequate support on prices & finances

Kerala, which produces over 90% of India's rubber, sees its growers shifting jobs over weak government support on prices and better opportunities elsewhere. Rubber growers in Kerala are...

Government mulls new bank to bridge credit gap for MSMEs

Currently, the Small Industries Development Bank of India (SIDBI) provides largely refinance to banks that lend to MSMEs, letting the cost of finance to these units reduce. The...

Yokohama Rubber unit to expand India tyre business

ATC Tires AP Private Limited (ATCAP), an Indian subsidiary of Yokohama Rubber, has secured an US$82 million loan from Japan Bank for International Cooperation (JBIC), Mizuho Bank, MUFG...

JK Tyre launches next generation tyres for commercial vehicles

JK Tyre & Industries has unveiled an advanced line up of tyres aimed at transforming the transportation sector. The expansion includes four new variants: JETWAY JUM XM, JETWAY...

Klinger claims of redefining the industry with new sustainable sealing technology

Klinger Dichtungstechnik has launched an eco-friendly gasket with the bold claim that the product line is set to redefine the industry's approach to sustainability. Introduced in early May,...

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