The prospect of the hottest Indian rubber market i

2022-08-06
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The prospect of Indian rubber market is promising

at present, the Indian rubber industry market has become one of the markets with the most development potential in the world, and China's development process is only at the initial stage. Insiders believe that accelerating the development of the Indian market will be of great benefit to promoting the export of China's rubber products

it is reported that India is not only the third largest natural rubber producer and the fourth largest natural rubber consumer in the world, but also the fifth largest raw rubber consumer in the world. At present, there are more than 5500 rubber factories in India, but the per capita rubber consumption is only about 900g, far lower than the per capita kg level in developed countries. In addition, the overall level of India's rubber industry is relatively backward. Apart from several joint-venture tire factories and carbon black factories, thousands of other self run rubber factories are relatively small in scale, and their technology and equipment are equivalent to the level of China around the 1970s. At present, India not only needs to import a considerable amount of rubber every year, but also needs to import a large number of rubber products such as rubber additives, cord, butyl rubber and other raw and auxiliary materials with the pace of development. Some production technologies, advanced equipment and a large number of rubber products such as automobile tires, bicycle tires, pipe belts, sundries, auto parts, latex products also need to be imported. After years of development, the level of China's rubber industry has been far higher than that of India. Not only a considerable part of the product technology and quality can be comparable with those of some western developed countries, but also the overall product level, variety and performance are better than those of Indian products. However, at present, the production and manufacturing of China's rubber product Shandong Sita high-tech wood-based panel testing machine does not occupy a high share in the Indian market. The reasons are as follows: first, the average tariff of imported rubber products in India is still as high as about 40%; Second, China and India have not yet achieved direct navigation, and the freight of products after re export is relatively expensive. Some products with favorable negotiation prices in India have become unprofitable after re export; Third, Indian businessmen lack understanding of Chinese rubber products. For example, according to the prediction of relevant experts, by 2005, the rubber consumption of Indian rubber industry will reach 1.28 million tons, the annual demand for carbon black will reach 400000 tons, the annual demand for rubber additives will reach 3.7 tons, and the annual demand for nylon cord will reach 125000 tons. The next few years will be a golden period for the development of Indian rubber industry. Most Indian enterprises will face the problems of technological transformation and equipment renewal. Therefore, It is just the right time for China's rubber products to enter the Indian market

at present, the exchanges between China and Indian rubber industry are mainly conducted through exhibitions. Since China first organized a delegation to participate in the international exhibition of Indian rubber industry in 2001, bilateral exchanges are expanding rapidly. After Shandong Shanxian Chemical Co., Ltd., which mainly produces rubber additives in China, participated in the exhibition with the delegation, the export volume of rubber additives to India last year has exceeded 2million US dollars. After Hunan Yiyang Rubber & Plastic Group Co., Ltd. and other fiveorsix enterprises participated in the exhibition, they have now set up offices in India. Although the products of these enterprises are re exported through Hong Kong, the average profit margin is still 15%-20%

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