TIMSUN tyres forays into the Indian tyre market

TIMSUN tyres forays into the Indian tyre market

July 10, 2018 4 By The Editor

The Make in India initiative of the Government of India and the effect of import duties opened doors for  prospective Indian manufacturers and the same time the tyre production industry in India showed a significant growth in India specially in the two wheeler segment. The availability of raw material and huge local consumption offers great avenues for those wanting to invest in manufacturing tyres in India. The fact that another major international tyre manufacturing company has officially entered through a joint venture with another Indian brand showed the way for others to follow suit. The factors of low investment and high consumption in the two wheeler segment makes for an easy entry for manufacturers and traders to kickstart operations owing to the recent motorcycling revolution that has taken the country by storm.