Home News Tyre makers cautious on outlook even as capacity utiliisation improves

Tyre makers cautious on outlook even as capacity utiliisation improves

by admin

 

Elements serving to capability utilisation embody encouraging home substitute demand in passenger automobiles, two-wheelers and the farm section, and a drop in imports

Subjects
Tyre makers | Ceat | Ceat Tyres

T E Narasimhan  |
Chennai
Final Up to date at September 30, 2020 16:33 IST

Within the backdrop of a rise in demand from the aftermarket, farm sector, two-wheeler and automobiles segments, tyre makers have began seeing their capability utilisation reaching virtually 80-90 per cent. Nevertheless, firms are cautious on the outlook for the entire fiscal, as many variables could change.

Rajiv Budhraja, director common, Automotive Tyre Producers’ Affiliation (ATMA) stated that month-on-month demand goes up. Elements serving to capability utilisation embody encouraging home substitute demand in passenger automobiles, two-wheelers and the farm section, and a drop in …

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