Indian April tyre output up for 4th straight month

Newswire

NEW DELHI, June 25 (Reuters) - Indian tyre production grew in April for the fourth straight month, rising 12 percent by volume from a year earlier, indicating a recovery after nearly two years of slow growth. In April, 3.72 million tyres were produced, compared with 3.32 million tyres in the same month a year earlier, according to figures released on Tuesday by the Automotive Tyre Manufacturers Association (ATMA). Output grew 10 percent year-on-year in March. Industry officials have ...

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