The Automotive Tyre Manufacturers’ Association (ATMA) advocates against liberalizing tyre imports through FTAs, asserting India’s robust manufacturing capabilities. With an annual production exceeding 200 million units, India’s tyre industry ranks among the world’s largest. Despite significant investments and capacity expansions, tyre imports surged by 27% in FY24. ATMA emphasizes the industry’s readiness to meet domestic and international demand, supporting over 5 lakh jobs and livelihoods of rubber growers. Prioritizing domestic production not only fosters employment but also strengthens India’s global leadership and sustainability in the tyre sector, ATMA affirms.
ATMA Urges Against Tyre Imports, Emphasizes Domestic Manufacturing
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