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Pakistan customs retrieves smuggled tyres

The Directorate of Customs Intelligence and Investigation (I&I), Karachi has recovered about 800 smuggled tyres, worth Rs13 million, in a raid on Friday. A statement issued by the directorate said the raid at a warehouse situated in the city was…

Indian NR imports increase 64% in May

MUMBAI: India’s natural rubber imports in May jumped 64 from a year earlier to 34,419 tonnes, the state-run Rubber Board said on Friday, as a drop in global prices prompted local tyre makers to increase overseas purchases. The south Asian…

CEAT to open car radial tyre production facility

CEAT Kelani Holdings, a joint venture between India’s RPG Group and Sri Lanka’s Kelani Tyre, is scheduled t o officially open a Rs.600 million passenger car radial tyre production facility next week, with the aegis of Economic Development Minister Basil…

TVS exhibits off-road and two-wheeler tyre range

TVS SRICHAKRA Ltd, one of India’s largest manufacturers & exporters of off-road and Two wheeler tyres, recently participated in Automechanika 2014, the largest international automotive trade exhibition in the Middle East. Organised at the Dubai International Exhibition centre, from 3rd…

Thai military gov’t plans to sell rubber from stocks

Thailand’s military government is to shelve a plan to sell 200,000 tonnes of rubber from stocks and will focus on measures to increase domestic consumption to shore up prices, government officials said on Wednesday. Postponing the sale could take some…