Intentar ORO - Gratis
Efforts to boost rubber plantation in India to meet market demands
BUSINESS ECONOMICS
|May 01 - 31, 2024
With a surge in demand for natural rubber across India outpacing domestic production, stakeholders are stepping up efforts to bridge the gap.
India boasts over 1.3 million rubber growers, primarily concentrated in Kerala, which contributes significantly to the nation's rubber output, reaching 8.39 lakh tonnes in FY23. However, the demand during the same period reached 13.5 lakh tonnes. The tire industry, which consumes around 70% of India's natural rubber, has witnessed rapid growth and is projected to expand further. Consequently, there's a concerted effort within the rubber industry to rejuvenate domestic production.
As part of this initiative, four members of the Automotive Tyre Manufacturers Association (ATMA), in collaboration with the Rubber Board, have devised a plan to establish an additional 200,000 hectares of new rubber plantations in Northeast India and West Bengal. Embracing the ethos of 'Atmanirbhar Bharat', the INROAD (Indian Natural Rubber Operations for Assisted Development) project aims to support the development of 200,000 hectares of rubber plantations in the Northeast, under the active guidance of the Ministry of Commerce & Industry. Notably, INROAD marks the world's first collaborative effort between the natural rubber-consuming industry (tire sector) and government agencies to finance the plantation of natural rubber (NR).
Esta historia es de la edición May 01 - 31, 2024 de BUSINESS ECONOMICS.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE BUSINESS ECONOMICS
BUSINESS ECONOMICS
How to stay healthy and safe during the coldest winter in over a decade
West Bengal is currently experiencing a severe cold wave, with dense fog and plunging temperatures disrupting daily life across the state. Air quality has deteriorated sharply, while sub-Himalayan districts are witnessing even lower temperatures. Light snowfall is also possible in higher reaches. The India Meteorological Department (IMD) has warned that the cold spell is likely to persist throughout the week, with foggy conditions significantly affecting visibility and travel.
2 mins
January 01 - 31, 2026
BUSINESS ECONOMICS
New Labour Laws: Truly transformational, but employers must act responsibly for workers’ benefit
On November 21, the Government of India announced the implementation of four Labour Codes with the stated objective of simplifying and streamlining the country's labour laws.
4 mins
January 01 - 31, 2026
BUSINESS ECONOMICS
Policy Shifts, Privatization Pressures and ECL Pays the Price:The Coal Industry at a Crossroads
Recently, at a meeting of the Joint Consultative Committee held at the headquarters of the stateowned coal company Eastern Coalfields Limited (ECL), the management informed trade union representatives that salaries for the month of November would not be paid on time.
4 mins
January 01 - 31, 2026
BUSINESS ECONOMICS
Emerging shift in India's real estate market: From volume to value
India's residential real estate market has entered a new era; one not measured by the number of units sold but by the amount of revenue generated. According to the FY 26 residential market projections of JLL India, a global real estate services company, the total housing sales value across India's top seven cities is expected to touch Rs 6.65 lakh crore this year - a sharp 19% jump over last year.
8 mins
January 01 - 31, 2026
BUSINESS ECONOMICS
Branding isn't just for sneakers - it's for nations also: Dhruv Bhalla
When a corporate logo flies, we understand the game.
2 mins
January 01 - 31, 2026
BUSINESS ECONOMICS
Housing market boom driven by premium and luxury homes priced above ₹5 crore
A few weeks ago, the World Inequality Report 2026 was released.
3 mins
January 01 - 31, 2026
BUSINESS ECONOMICS
The Rupee's Verdict: Exposing India's decade of economic illusion
Over the past decade, the Indian rupee has borne witness to a sustained depreciation from around ₹60 per US dollar in 2014 to nearly 95 per dollar by December 2025.
4 mins
January 01 - 31, 2026
BUSINESS ECONOMICS
Will Pakistan again control Bangladesh?
India Bangladesh relations, which was deteriorating with the ousting of Shiekh Hasina last year, took a nosedive early this week when a youth leader Hadi, who was part of the movement that led to Hasina fleeing for India, was murdered. The finger of suspicion was pointed at Indian intelligence people (RAW) in Bangladesh and its associates. There were arson and lynching and murder of Hindus and the Indian government sent stern warnings to the Bangladesh authorities to enforce control.
2 mins
January 01 - 31, 2026
BUSINESS ECONOMICS
Inaugural Address at the 16th World Confluence by Dr. C. V. Ananda Bose, Hon'ble Governor of West Bengal
Hon'ble Governor Dr. C. V. Ananda Bose inaugurates 16th World Confluence on Humanity, Power & Spirituality
2 mins
January 01 - 31, 2026
BUSINESS ECONOMICS
West Bengal must place greater emphasis on Micro and Small units and Sunrise sectors
The Government of West Bengal (WB) held a Business & Industry Conclave on December 18.
3 mins
January 01 - 31, 2026
Listen
Translate
Change font size
