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3D printed polyurethane footwear makes technological strides
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All of the big sportswear brands have been investigating the possibility of printing high-performance footwear. And they have been supported by the manufacturers of materials and printing...
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All of the big sportswear brands have been investigating the possibility of printing high-performance footwear. And they have been supported by the manufacturers of materials and printing equipment. All of the big sportswear brands have been investigating the possibility of printing high-performance footwear. And they have been supported by the manufacturers of materials and printing equipment. $All of the big sportswear brands have been investigating the possibility of printing high-performance footwear. And they have been supported by the manufacturers of materials and printing equipment.
Maverix Solutions debuts new mold release coating
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SANTA ANA, Calif.—On the manufacturing floor, efficiency is key. Processes that create a time or cost savings are desired across the board. When one achieves both, with additional benefits...
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SANTA ANA, Calif.—Santa Ana-based Maverix Solutions developed Mavcoat MD-4, a mold release coating for the rubber industry that revolutionizes the molding process. SANTA ANA, Calif.—Santa Ana-based Maverix Solutions developed Mavcoat MD-4, a mold release coating for the rubber industry that revolutionizes the molding process. $SANTA ANA, Calif.—Santa Ana-based Maverix Solutions developed Mavcoat MD-4, a mold release coating for the rubber industry that revolutionizes the molding process.
Ford to restart F-150 output following supplier fire
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DEARBORN, Mich.—Ford Motor Co. will restart production of the F-150 pickup at a Dearborn factory May 18 after more than a week of downtime resulting from a fire at a key supplier plant in...
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DEARBORN, Mich.—Ford will restart production of the F-150 pickup at a Dearborn factory May 18 after more than a week of downtime resulting from a fire at a key supplier plant in Michigan. DEARBORN, Mich.—Ford will restart production of the F-150 pickup at a Dearborn factory May 18 after more than a week of downtime resulting from a fire at a key supplier plant in Michigan. $DEARBORN, Mich.—Ford will restart production of the F-150 pickup at a Dearborn factory May 18 after more than a week of downtime resulting from a fire at a key supplier plant in Michigan.
Parker to combine industrial, hydraulic hose businesses
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MARCO ISLAND, Fla.—Parker Hannifin Corp. is combining its industrial and hydraulic hose businesses into one division, though officials said customers shouldn't see any difference in their...
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MARCO ISLAND, Fla.—Parker Hannifin is combining its industrial and hydraulic hose businesses into one division, though officials said customers shouldn't see any difference in their dealings with the company. MARCO ISLAND, Fla.—Parker Hannifin is combining its industrial and hydraulic hose businesses into one division, though officials said customers shouldn't see any difference in their dealings with the company. $MARCO ISLAND, Fla.—Parker Hannifin is combining its industrial and hydraulic hose businesses into one division, though officials said customers shouldn't see any difference in their dealings with the company.
Coi Rubber building momentum, growth
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LOS ANGELES—Coi Rubber Products Inc. seemed to spring up out of nowhere in 2013 with a young, experienced industry veteran at the helm. It also had a small plant in China to handle...
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LOS ANGELESóCoi Rubber Products seemed to spring up out of nowhere in 2013 with a young, experienced industry veteran at the helm. It also had a small plant in China to handle manufacturing. That was the good news. LOS ANGELESóCoi Rubber Products seemed to spring up out of nowhere in 2013 with a young, experienced industry veteran at the helm. It also had a small plant in China to handle manufacturing. That was the good news. $LOS ANGELESóCoi Rubber Products seemed to spring up out of nowhere in 2013 with a young, experienced industry veteran at the helm. It also had a small plant in China to handle manufacturing. That was the good news.
Nokian expanding reach of SnapSkan service
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NOKIA, Finland—Nokian Tyres P.L.C. is broadening the scope of its SnapSkan digital tire-check service program beyond Helsinki to four additional sites in Finland and one in Oslo, Norway....
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NOKIA, Finland—Nokian is broadening the scope of its SnapSkan digital tire-check service program beyond Helsinki to four additional sites in Finland and one in Oslo, Norway. NOKIA, Finland—Nokian is broadening the scope of its SnapSkan digital tire-check service program beyond Helsinki to four additional sites in Finland and one in Oslo, Norway. $NOKIA, Finland—Nokian is broadening the scope of its SnapSkan digital tire-check service program beyond Helsinki to four additional sites in Finland and one in Oslo, Norway.
Bed-in-a-box mattress market expanding
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The mattress market has undergone a seismic shift in the past few years. High streets and retail parks are still full of department stores and specialist bedding shops where consumers can go and...
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The mattress market has undergone a seismic shift in the past few years as the growing trend for bed-in-a-box products significantly shakes things up. The mattress market has undergone a seismic shift in the past few years as the growing trend for bed-in-a-box products significantly shakes things up. $The mattress market has undergone a seismic shift in the past few years as the growing trend for bed-in-a-box products significantly shakes things up.
Wacky World of Rubber: Benefits of artificial turf
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The playing field is one of the most important elements across all sports. When it's working, it's hardly talked about. But when things go wrong—like say splitting in two or melting because ...
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When it's working, the playing field hardly is talked about. But when things go wrong—like say splitting in two or melting because of extreme temperatures—people notice. When it's working, the playing field hardly is talked about. But when things go wrong—like say splitting in two or melting because of extreme temperatures—people notice. $When it's working, the playing field hardly is talked about. But when things go wrong—like say splitting in two or melting because of extreme temperatures—people notice.
Supplier survey shows slipping relations for North American auto makers
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BIRMINGHAM, Mich.—One more sign that auto makers are under pressure from a spate of new industry challenges: their relationships with suppliers have worsened. A survey of parts companies...
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BIRMINGHAM, Mich.—One more sign that auto makers are under pressure from a spate of new industry challenges: their relationships with suppliers have worsened. BIRMINGHAM, Mich.—One more sign that auto makers are under pressure from a spate of new industry challenges: their relationships with suppliers have worsened. $ BIRMINGHAM, Mich.—One more sign that auto makers are under pressure from a spate of new industry challenges: their relationships with suppliers have worsened.
Silicone's made great strides in short time
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CUYAHOGA FALLS, Ohio—The silicone industry has gone a long way, even all the way to Mars, according to Oliver Franssen, global marketing director, elastomers/transportation for Momentive...
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CUYAHOGA FALLS, Ohio—The silicone industry has gone a long way, even all the way to Mars, according to Oliver Franssen, global marketing director, elastomers/transportation for Momentive Performance Materials. CUYAHOGA FALLS, Ohio—The silicone industry has gone a long way, even all the way to Mars, according to Oliver Franssen, global marketing director, elastomers/transportation for Momentive Performance Materials. $CUYAHOGA FALLS, Ohio—The silicone industry has gone a long way, even all the way to Mars, according to Oliver Franssen, global marketing director, elastomers/transportation for Momentive Performance Materials.
Digital Edition
Digital Edition
Published on September 22, 2004

TYRE INDUSTRY IN INDIA – FUTURE PERSPECTIVE

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Date Published September 22, 2004
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The world economy has changed a lot over the past 50 years, over the next 50, the changes could be at least as dramatic. As per Goldman Sachs recently published report on Global Economics; Brazil, Russia, India and China – BRICs economies could become much larger force in the world economy. Over the next decades, the growth generated by large developing countries particularly BRIC could become a much larger force in the world economy than it is now and much larger than many investors currently expect. India’s economy for instance, could be larger than Japan’s by 2032 and China’s larger than the US by 2041 (and larger than everyone else as early as 2016). The BRIC economies taken together could be larger than the G6 by 2039, by 2025 they could be account for half of the size of G6 economy. India has the potential to show fastest growth over the next 30 and 50 years. Growth could be higher than 5% over the next 30 years and close to 5% as late as 2050 if development proceeds successfully. This report also highlighted some of the most striking results. Today India is one of the fastest growing economy. Average GDP growth is over 5% between 1995-2001 and despite global economy downturn in 2002 the growth remained at 4%. Despite the downturn the government target for growth rate remains 8% for the for the 10th five year period 2002-2007. Over the past five years industrial production growth has averaged 5% while service sector growth has averaged 8%. Real hot spot was IT sector which grew by 30% in last three years and during the same period inflation held at less than 3% with nation’s currency remaining stable. 
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