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Fresh guidelines for tyre manufacturers by Ministry of Commerce and Industry

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....resh guidelines for tyre manufacturers by Ministry of Commerce and Industry <br>News and Press Release<br>Dated:- 1-8-2023<br><BR>The Indian tyre industry has been witnessing a rise in the demand for ....

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....production of tyres for export and domestic sales. The increasing ownership of vehicles aids the tyre industry. There is also a surge in demand for tyres for trucks and buses owing to the rising mobil....

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....ity and industrialization. Research and Development (R&D) and the launch of advanced and eco-friendly tyres also aids the market growth for tyres. Presently, import authorizations for new pneumatic t....

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....yres have been placed under 'Restricted Category' in terms of Notification No. 12/2015-2000 dated 12-06-2020 issued by the Directorate General of Foreign Trade (DGFT) and hence, the importers have to ....

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....apply for Import Licence for tyres covered under the aforesaid Notification. Considering the overall growth of tyre Industry in India, the Ministry of Commerce and Industry has proposed fresh guideli....

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....nes for tyre manufacturers; committing to invest in India in brownfield or greenfield projects for manufacturing tyres, falling under the Restricted List. Specific details are available with the conce....

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....rned Division of Department for Promotion of Industry and Internal Trade (DPIIT)<BR> News - Press release - PIB....