Prestige Institute of Management

and Research, Indore

2021-2023

Business Marketing Assignment

Topic – Industrial report on Rubber Industry

Submitted To: - Submitted By: -

Mr. Prayatna Jain Radhika Khandelwal
Akhilesh Verma
Lalit Magarkar
Sarvagya Sharma

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 ACKNOWLEDGEMENT

We acknowledge the valuable assistance of all our faculty members. We would like to
show our gratitude to Dr. Debasis Mallik, director of PIMR, Indore for giving us this
opportunity to take over this project. We also want to thank Mr. Prayatna Jain, our project
guide for being supportive all the time and guiding us by giving timely suggestions
throughout the tenure to make our report successful.

Radhika Khandelwal

Sarvagya Sharma

Akhilesh Verma

Lalit Magarkar

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Table of Contents
ACKNOWLEDGEMENT ........................................................................................................................... 2

INTRODUCTION ........................................................................................................................................ 4

RUBBER INDUSTRY ................................................................................................................................ 5

What exactly is rubber? ..................................................................................................................... 5

Features Of Rubber ............................................................................................................................. 8

India's Production of Rubber ............................................................................................................ 9

Rubber Consumption in India........................................................................................................... 9

TENTATIVE USAGE ............................................................................................................................... 10

Various uses of rubber in Industries: ........................................................................................... 11

Industrial Rubber Products ............................................................................................................. 13

MARKET LEADER .................................................................................................................................. 14

REGULATORY BODY FOR RUBBER INDUSTRY ........................................................................... 23

IMPORT-EXPORT DATA ....................................................................................................................... 25

Import Data: - ..................................................................................................................................... 25

Export data: - ....................................................................................................................................... 26

PESTLE ANALYSIS ................................................................................................................................ 27

DETAILS OF LOCAL PLAYERS (LOCATED IN INDORE OR NEARBY) .................................... 30

CONCLUSION.......................................................................................................................................... 33

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 INTRODUCTION

Over the past few years, it was believed that the global rubber output was extremely
unstable. India consistently produces 6% more rubber each year than other countries do.
India's rubber business is expanding as its foundations become deeper. India is the
world's largest producer of natural rubber and the third-largest user of the material. The
expansion of the Indian rubber sector is important for the world economy.

India's economy is among the fastest-growing in the world as a result of these causes, as
well as the rapid expansion of the car industry and several big and medium-sized
businesses. Nearly 90% of India's entire production of natural rubber comes from the
main producer of rubber, Kerala. Together, Kerala and Tamil Nadu account for 86% of
the entire land used for rubber plantations.

The report is prepared to take into consideration any industrial product. We have chosen
the Rubber industry. The report includes a brief description of the rubber industry in India,
what exactly rubber is, its various features, and types of rubber. Also, rubber production
and consumption in India are highlighted with statistical illustrations. Further, the tentative
usage of rubber and industrial rubber products is done.

Major market leaders of rubber and its regulatory body in India are covered. Details of
local players in rubber production in Indore and nearby places are also analyzed. The
data related to import and export is shown using tabular illustrations, and PESTLE
analysis is also done to understand all the aspects of the rubber industry.

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 RUBBER INDUSTRY
What exactly is rubber?

Usually, they just say "rubber" without saying what sort. Although there are several
varieties of rubber, they may all be broadly divided into two categories: natural rubber
(latex produced by plants) and synthetic rubber (made artificially in a chemical plant or
laboratory).

1. Natural Rubber

Natural rubber commonly referred to as gum rubber or Indian rubber, is made from
the milky liquid, or latex, produced by the Hevea Brasiliense's tree. High tear and
tensile strength, resilience, and resistance to abrasion, friction, severe
temperatures, and water swell are a few of the material's main qualities.
Adhesives, flooring and roofing, gloves, insulation, and tyres are a few examples
of common usage.

2. Nitrous Rubber

One of the first synthetic rubber varieties is neoprene, commonly known as

chloroprene. It has an incredibly low sensitivity to burning, corrosion, and
deterioration when compared to natural rubber and other synthetic rubbers. This
characteristic makes it the ideal starting material for coatings that resist corrosion

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 and adhesives. It is suitable for use in high-pressure gaskets, belts, window and
door seals, and high-pressure gaskets due to its ability to maintain strong
mechanical qualities throughout a broad temperature range.

3. Sulfated Rubber

Polysiloxane, often known as silicone rubber, is renowned for being malleable,

biocompatible, and resistant to high temperatures, fire, ozone, and ultraviolet (UV)
radiation. It comes in a range of hues in both solid and liquid forms. Its chemical
inertness makes it perfect for usage in components and goods that need to be
biocompatible and resistant to chemicals, such as gloves, respiration masks,
implants, and other medical devices (such as baby care items, cosmetic
applicators, and food containers and instruments).

4. Nitrile Rubber

Buna-N rubber, commonly known as nitrile rubber or nitrile butadiene rubber

(NBR), exhibits several advantageous mechanical and chemical characteristics,
including resistance to heat, oil and gas, compression set, and wear. These
characteristics make it appropriate for use in engine hoses, automobile gaskets &

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 seals, and O-rings. Since it doesn't include the allergenic proteins found in latex-
based rubbers and keeps its structural integrity better than silicone rubber, it is also
utilized in medical items (such as surgical gloves).

5. EPDM Rubber

The synthetic rubber known as ethylene propylene diene monomer (EPDM) rubber
has exceptional endurance, avoiding deterioration and damage from harsh
temperatures and weather. Due to these characteristics, it may be used in exterior
components and goods including hoses, seals, and roofing sealants. It is suitable
for use in automotive systems thanks to its outstanding noise and heat insulation
qualities.

6. Rubber made of styrene-butadiene (SBR)

Rubber made of styrene and butadiene called styrene-butadiene rubber (SBR) is

distinguished by its higher hardness and endurance. It outperforms some of the
more costly synthetic rubbers in terms of resistance to abrasion, alcohol,
compression set, and water swell, which makes it perfect for use in hydraulic
braking system seals. Cutting boards, gaskets, and shoe bottoms are a few other
frequent applications.

7. Rubber Butyl

One of the materials with the greatest degrees of gas permeability is butyl rubber,
sometimes referred to as isobutylene isoprene. Due to this characteristic as well
as the material's exceptional flexibility, it may be used to create airtight products
like sealants, sports balls, and inner tubes. It is frequently added as a liquid
ingredient to chewing gum, diesel, and petroleum fuels.

8. Rubber Fluor silicon

Extreme temperatures (ranging from -100 to 350 degrees Fahrenheit),

transmission fluids, petroleum oils and fuels, synthetic lubricants, fire, and ozone
are all things that fluorosilicate rubber, also known as FVMQ, is extremely resistant
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 to. Due to these characteristics, it is the perfect material for fuel systems in
airplanes and other highly specialized industrial applications.

Features Of Rubber

As previously mentioned, rubber is available in a variety of forms, each of which

has distinct characteristics. But most rubbers, if not all of them, also have a few things in
common, like:

1. Elasticity: Rubber materials' molecular makeup enables them to regain their

original shape after being crushed or extended. Rubber bands exhibit this quality.
The individual molecules are momentarily pulled or pushed out of line with one
another when a rubber band is stretched or compressed. Once the stretching or
compressing force is eliminated, the molecules revert to their initial positions since
they are bound to one another.

2. Thermal Contraction: Rubber compresses under heat whereas most materials

expand. This peculiar occurrence is caused by the rubber molecules' reaction to
heat. The already twisted and knotted molecules get even more twisted and
tangled when heat is added. The molecules return to their resting state when heat
is applied or withdrawn, and the rubber takes on its original form.
3. Durability: Most rubbers are extremely durable, resisting tearing and abrasive
pressures, impact, low temperatures, and water. They also show a comparatively
low rate of heat accumulation.

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India's Production of Rubber

Here are some facts about the Indian rubber business.

• The third-largest rubber producer in the world is India.

• It ranks fourth in terms of natural rubber consumption.
• It is the world's fifth-largest user of both natural and synthetic rubber.
• Reclaimed rubber is mostly manufactured in India.
• The only two nations in the world with the ability to use up the whole domestic
supply of natural rubber are China and India.

Rubber Consumption in India

The following industrial sector consumes most of the rubber products.

• Automotive tyre sector: 50% consumption of all kinds of rubbers

• Bicycles tyres and tubes: 15%
• Footwear: 12%
• Belts and hoses: 6%
• Camelback and latex products: 7%
• Other products: 10%

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 TENTATIVE USAGE

INDUSTRIES USING RUBBER AS A PRODUCT

• Agricultural Industry
• Aerospace/ Aviation Industry
• Automobile Industry
• Chemical Industry
• Construction Industry
• Defense Industry
• Medical Industry
• Mining Industry
• Petroleum Industry
• Power Generation
• Printing & Paper Industry
• Textile Industry

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Various uses of rubber in Industries:
• Rubber molded items, such as rubber goods and appliances, are widely utilized in
the industry (and in certain residential applications).
• Garden hoses and pipes made of rubber are utilized in small-scale gardening
applications.
• The majority of automotive tyres and tubes are made of rubber. As a result, rubber
is extremely vital in the vehicle and transportation industries.
• Rubber is also used in matting and flooring applications.
• Rubber is commonly utilized in the production of protective equipment for medical
workers, such as medical gloves.
• Vulcanized rubber, a specific form of rubber created by cross-linking polymer
chains with disulfide bonds, is commonly used in sports equipment. The pads and
guards used in the popular sport of cricket, for example, are constructed of
vulcanized rubber.

• Uncured rubber is well-known for its use in adhesives and cement, making it a
popular commodity in the construction sector.
• Rubber that has not been cured is also employed in friction tapes and insulating
materials.
• Crepe rubber is frequently used to make insulating footwear and blankets.

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• Somewhat soft rubber varieties are known to have a wide range of uses in the
construction of conveyor belts.
• Certain varieties of rubber are suited for use in printing presses due to their
flexibility.
• Rubber is also used in the production of balls, balloons, and cushions.
• When we say industrial rubber products, we mean numerous items and objects
made of rubber that are utilized by various industries. Rubber is such an essential
substance that it is used in both industrial and home applications. Its relevance in
modern life is comparable to that of wood and steel. Rubber is classified into two
types: natural and synthetic.
• Even a tiny child is aware of the use of rubber in school. Rubber is utilized by
everyone and has several applications. It is utilized at home, at work, in factories,
and a variety of other settings. Rubber is used in practically every sector, including
automobiles, trains, and airplanes. Some toys from which children can play

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 Industrial Rubber Products

• Calendared Rubber Products • Rubber Beading

• Extruded Rubber Products • Rubber Bearing

• Medical Rubber Products • Rubber Belt

• Metal Bonded Components • Rubber Buckets

• Rubber Adhesives & Sealants • Rubber Bullets

• Rubber Ball • Rubber Cable

• Rubber Bands • Rubber Coating

• Rubber Beading • Rubber Duct

• Rubber Gloves • Rubber Expansion Joints

• Rubber Injection Parts • Rubber Flooring/Matting

• Rubber Lining • Rubber Footwear

• Rubber Pads Rubber Balloons

• Rubber Rollers Rubber Fenders

• Rubber Stopper Rubber valve

Rubber Suit

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 MARKET LEADER
1) Apcotex Industries –
was established in 1986 as a branch of Asian Paints India. To permit a tighter
management focus, Apcotex Lattices ALL was split off from the former in 1991. It
produces synthetic rubber lattices like styrene-butadiene rubber latex and vinyl
pyridine rubber latex. It established a facility in Taloja, Maharashtra, to
manufacture 750 tpa of vinyl pyridine latex VPL in technical cooperation with a
German company.
Application of VPL is seen in the tyre sector. Styrene butadiene rubber is used in
the paper and textile industries. During the years 2000–2001, M/s TUV India Pvt
Ltd granted this unit ISO 9002 certification. To the Asian Paints stockholders, ALL
granted equity shares. To partially finance the initiative to increase capacity, it
released a rights issue in December 1992.

• Mission –
To create, adapt, and absorb novel solutions to give our clients a better
experience. to maximize value addition, wealth growth, and stakeholder
satisfaction.
• GST applicability –
The status of their GST registration is Active. They engage in
factory/manufacturing, retail business, and receiving goods or services as
part of their daily operations. The PAN and GST numbers for Apcotex
Industries Limited are 24AAACA3427G1Z7 and AAACA3427G,
respectively.

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 • Top management –
- Atul C Chouksey – Chairman
- Kamlesh Vikamsey – Director
- Priyamvada Bhumkar – Director
- Ravishankar Sharma - Executive Director
• Branches –
- REGISTERED OFFICE & TALOJA FACTORY. Plot No. 3/1, MIDC
Industrial Area, Taloja, Dist. Raigad – 410208.
- VALIA FACTORY. Village Dungri, Taluka Valia, Ankleshwar - 393135,
Dist. Bharuch, Gujarat, India. +91-73590 72333.
- CORPORATE OFFICE. NKM International House, 178, Backbay
Reclamation, Babubhai M. Chinai Marg.

2) Somi conveyor beltings limited -

Omi Conveyor Beltings Limited served as the company's legal name when it was
founded on June 16th, 2000. With effect from October 31, 2000, the company was
renamed Somi Conveyor Beltings Limited SCBL. The company promoted Mr. Om
Prakash Bhansali, Mr. Vimal Bhansali, and Mr. Gaurav Bhansali. The company
sells its goods under the SOMIFLEX brand name. The company has been involved
in the production of rubber conveyor belts.
The business's facility is situated in the Jodhpur, Rajasthan, district of RIICO
Sangaria Industrial Area. With an initial capacity of 36,000 running meters of
conveyor belts per year, the company started producing commercially in February
2002. This capacity was gradually increased to 72,000 meters per year. The unit's
capacity has increased over the years.

• Mission and Vision –

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 Conveyor belts are more than just rubber belts that move through your
business, as we at Soniya Enterprises are aware; they are vital to your
manufacturing process. The realization motivates our R&D to innovate and
advance constantly. We supply more than simply conveyor belts; we also
offer solutions that convert one-time buyers into lifelong customers.
Because at Soniya Enterprises, we prioritize forming enduring relationships
above generating revenue.
• GST applicability –
The GST number of Somi Conveyor Beltings Limited is
08AAFCS2085P1ZR. This is a Public Limited Company. This business was
registered under GST on 01/07/2017. This is the GST number of Rajasthan
state.
• Top management –
- Mr. P Bhansali Chairman & Managing Director
- Mr. Mahendra Rakecha Ind. Non-Executive Director
- Mr. Yogesh Maheshwari Ind. Non-Executive Director
- Mr. Sharad Gyanmal Nahata Ind. Non-Executive Director
- Mr. Vimal Bhansali Whole Time Director
- Mr. Gaurav Bhansali Whole Time Director
• Branches –
- Head office - 4f-15 Oliver House, New power house road, jodhpur – India
- Plant location - h-2 463-466 sangria industrial area, Jodhpur – India
- Plant location - k no-58 58/5 58/6 Village tanawara jodhpur dist., luni –
India.

3) GRP LIMITED (Gujarat reclaim and rubber products ltd.) -

Gujarat Reclaim & Rubber Products Ltd. manufactures reclaimed rubber from used
natural and synthetic rubber tubes, butyl tubes, and tread scraps for use in both
tyre and non-tyre rubber products. The business has production facilities in Panoli,
Gujarat, Ankleshwar, and Solapur, Maharashtra. They have a single subsidiary,
Grip Polymers Ltd. In 1974, Gujarat Reclaim and Rubber Products Ltd. was

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established. At Ankleshwar in Gujarat, the company began production in 1978 with
a meager capacity of around 2400 MT. It obtained its first export order in the year
1984.
The company raised its Thermo Plastic Elastomers production capacity in 2009
from 896 MT to 1200 MT. They also bought a Gujarati windmill with a 600 KWH
producing capability. To meet expanded as well as brand-new customer
expectations, the company is growing operations and establishing additional
facilities.

• Mission –
By promoting the use of recycled rubber in a variety of consumer and
industrial products, GRP aims to support the rubber recycling industry by
highlighting its importance to the general public, the government, and
related stakeholders.
• GST applicability –
Popularly, GRP LIMITED is referred to as GRP LIMITED. With its
headquarters officially registered in Tamil Nadu, it is a public limited
company. The corporation operates primarily out of Tamil Nadu.
On January 7, 2017, the business filed for GST, and 33AAACG1890M1ZI
was assigned as its GST Number. This GSTIN's status is Active. This
business pays taxes regularly.
• Top management –
- Abhijeet Sawant - Company Secretary
- Alpana Parida Shah – Director
- Ganesh A Ghangurde - Chief Compliance Officer
- Harsh R Gandhi - Joint Managing Director
- Mahesh V Gandhi – Director
- Peter Philip – Chairperson
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 - Rajeev M Pandia – Director
- Rajendra V Gandhi - Managing Director
- Saurabh S Shah – Director
- Shilpa Mehta - Chief Financial Officer
• Branches –
- Registered Office - Plot No 8, G.I.D.C. Estate, Ankleshwar, Bharuch
District – 393002, Gujarat – India
- Factory/ plant - Ankleshwar & Panoli, Bharuch District - Gujarat –
India
- Factory/ plant - Chincholi & Akkalkot Road, Solapur Dist. -
Maharashtra – India
- Factory/ plant - Perundurai, Erode District - Tamil Nadu – India
- Corporate & Head Office - 510, 'A' Wing, Kohinoor City Commercial I,
Kirol, Mumbai – 400070, Maharashtra – India.

4) JK Tyre Industries Ltd. –

One of India's top producers of automobile tyres is JK Tyre Industries Ltd.
Specifically, the company designs, produces, sells, and distributes car tyres, tubes,
flaps, and retreads. It sells tyres to automakers to be installed as original
equipment and to be sold in replacement markets. The business distributes its
products internationally and has manufacturing facilities in Mexico and India. One
of the top 25 manufacturers in the world is JK Tyre Industries Ltd, the
organization's flagship business.
The company, which was a fore-runner in radial technology and manufactured the
first radial tyre in 1977, presently dominates the market for truck and bus radials.
The company offers end-to-end solutions for the farming, off-road, passenger,
commercial, and two-three-wheeler industries. JK Tyre has been named one of
the Great Place to Work and is considered to be the best Manufacturing Workplace
in India for 2020.

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The Vedanta Hindustan Zinc CSR Award 2020 was given to the organization by
the Udaipur Chamber of Commerce & Industry. The COVID-19 epidemic has
significantly disrupted the world's corporate and economic environments. On
March 24, 2020, the government of India imposed a lockdown, which hampered
the Company's business operations. As a result, after the limits were loosened,
production gradually resumed at all plants while taking the appropriate legal
measures and permissions.
• Vision –
to have a global tyre brand and be one of the most reliable businesses.
• Mission –
- Put the needs of the customer first, always.
- India's most profitable tyre manufacturer, providing increased value to
all stakeholders among the top tyre brands worldwide and the No. 1 tyre
brand in India.
- Take the lead with quality items using cutting-edge technology
- Boost worldwide footprint through partnerships, joint ventures, and
acquisitions
- Become a virtuous corporate citizen.
- Be a team-driven organization that is learning and inventive.
• GST applicability –
JK TYRE & INDUSTRIES LTD's PAN number is AAACJ6716F and their
GST Number is 33AAACJ6716F1ZV.
JK TYRE & INDUSTRIES LTD is a Public Limited Company based in the
state of Tamil Nadu with a GST Registration Date of 01-Jul-2017.
• Top management –
- Dr. Raghupati Singhania - Chairman & MD

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 - Mr. Anshuman Singhania - Managing Director
- Mr. Arun Kumar Bajoria - Director & President (International Operations)
- Mr. Sanjeev Aggarwal - Chief Financial Office
- Mr. A K. Kinra - Financial Advisor
• Branches –
In India, JK Tyre operates 9 contemporary facilities that are thoughtfully
positioned at:
- Mysore, India
- In Madhya Pradesh, Benmore
- Rajasthan's Kankroli
- Bangalore, Tamil Nadu
- Three Haridwar, Uttarakhand
By acquiring Tornel, a prominent Mexican company with 3 factories, JK Tyre
has also expanded its global reach. These facilities are all outfitted with the
most cutting-edge manufacturing and testing equipment available.

5) MRF TYRES –
With nine cutting-edge plants spread across India, MRF is the largest tyre
manufacturer in the country and one of the Top 20 Global Manufacturers.
Additionally, it is India's largest Original Equipment Manufacturer OEM tyre
provider, offering a wide variety of tyres for everything from two-wheelers to fighter
jets. MRF Ltd. was founded in 1946 by K M Mammen Mappillai as a small toy
balloon unit. The company's manufacturing facilities are situated in Trichy,
Tiruvottiyur, and Arakonam in Tamil Nadu, Kottayam in Kerala, Ponda in Goa,
Medak in Andhra Pradesh, and Union Territory of Pondicherry. Later, in November
1960, the business decided to try its hand at tyre manufacture by forming a
technical partnership with Tire Rubber Company USA. The business put its
primary facility into service in 1964. Additionally, they established a foreign
Government on March 24, 2020, which led to the closure of the company's plants,
offices, and godowns.

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However, the company's operations have since restarted following the phased
lifting of the shutdown. The Madras Rubber Factory, which was founded in 1946
as a sole proprietorship for the production of toy balloons, will likewise have been
in operation for 75 years by the year 2021. Later, when tread rubber manufacturing
was added, Madras Rubber Factory was transformed into a partnership business.
It then underwent a limited company conversion in 1960, at which point it began
producing vehicle tyres and tubes.
• Mission –
Our goal is to continue building a forceful, independent national voice for
the promotion of motorcycle riding and the lifestyle it entails, one that is
financially secure and goes above and beyond the expectations of
motorcycle enthusiasts.
• GST applicability –
Popularly referred to as MRF LIMITED. With its headquarters officially
registered in Gujarat, it is a Public Limited Company. Gujarat is where the
company conducts the majority of its operations.
On January 7, 2017, the business filed for GST, and 24AAACM4154G1ZT
was assigned as its GST Number. This GSTIN's status is Active. This
business pays taxes regularly.
• Top management –
- Jacob Kurian – Director
- K M Mammen - Chairman & Managing Director
- Madhu P Nainan - Vice President – Finance

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 - Rahul Mammen Mappillai - Managing Director
• Branches –
- Registered Office - New No. 114 (Old No.124), Greams Road, Chennai
(Madras) – 600006, Tamil Nadu – India
- Factory/plant - Tiruvottiyur, Chennai (Madras) - Tamil Nadu – India
- Factory/plant - Vadavathoor, Kottayam - Kerala – India
- Factory/plant - Usgao, Ponda, Goa – India.

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 REGULATORY BODY FOR RUBBER INDUSTRY
The rubber board is the main regulatory body responsible for the development of the
rubber industry in India. It is a statutory organization that is headquartered at Kottayam in
Kerala and is constituted under Section (4) of the Rubber Act, 1947. It maintains the
general statistical data of rubber, and further takes steps to promote the marketing of
rubber and undertake labor welfare-related activities. Also, is responsible to function the
administrative control of the Ministry of Commerce and Industry in India by assisting and
encouraging the research, extension, development, and other training activities related to
the production and regulation of rubber. The types of Rubber covered under the Rubber
Board include Natural rubber, Synthetic rubber, and Reclaimed rubber.
The Rubber Board is headed by a Chairman - Dr. Sawar Dhanania appointed by the
Central Government to take charge of the Rubber Board on 30 June 2021 and, Dr. K.N.
Raghavan was appointed as the Executive Director of the Rubber Board in 2019. The
main board team includes 28 other members who are responsible for representing
various interests of the natural rubber industry. There are mainly five departments that
cover the activities of the Board which are - Extension & Advisory Services, Research
Services (Rubber Research Institute of India), Training (Rubber Training Institute), and
General Services & Finance. Apart from this, there are other five independent divisions
which are - Publicity & Public Relations, Internal audit, Market Promotion, Planning, and
Vigilance.

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The rubber board issues three types of licenses such as dealer's license, processor
license, and manufacturer’s license. The constituents of the rubber industry in India are
involved in manufacturing more than 3,500 rubber-related products having different
applications and uses. India's potential contribution to the emerging rubber sector globally
is mainly in rubber belts and hoses, rubber gloves, mechanical rubber goods, and
industrial rubber products.
In India, West Bengal is considered a pioneer of the Indian rubber industry. The latest
rubber industrial policy of West Bengal's government supports the rubber industry as a
whole. Howrah is known to be the upcoming mega industrial cluster of rubber in India -
which will be named "A rubber Park". The Rubber Board, the Union Ministry of Commerce
and Industry, the Government of West Bengal, and WBIDC are the key stakeholders of
the Howrah project along with other 206 constituents of the Indian rubber industry.
Therefore, an SPV (Special Purpose Vehicle) has also been formed which is done to set
up, maintain and administer the South Asia Rubber and Polymers Park (SARPOL). As,
rubber production in India can support this by providing the principal raw material which
is required to manufacture more than 35,000 varieties of products which includes the
manufacturing of toy balloons, phone cases, erasers to giant sized rubber tires, and many
more products. However, it also plays an important role in the regulation of automobiles,
transportation, and several other industries to operate effectively.

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 IMPORT-EXPORT DATA
Import Data: -
The information shows the main 5 countries from where India imported Natural Rubber in
November 2020.
• India Imported Natural Rubber worth 19.69 USD million from Indonesia in
November 2020.
• The complete amount of Natural Rubber imported from Indonesia was 14349800.
• India imported Natural Rubber worth 7.33 USD million in November 2020 alone
from Vietnam.
• India imported Natural Rubber worth 4.15 USD Million from Singapore in
November 2020.
• India imported a volume of 2341480 metric lots of Natural Rubber from Malaysia
in November 2020 and was fourth in the rundown of countries India imported
Natural Rubber from.
• A sum of 27882580 amounts of Natural Rubber was imported from the referenced
countries.

S.no Country Qty(metric tons) Value Month Year

(USD Million)

1. Indonesia 14349800 19.69 November 2020

2. Viet Nam 4978580 7.33 November 2020

3. Singapore 3229040 4.15 November 2020

4. Malaysia 2341480 3.77 November 2020

5. Cote devoir 2983680 3.71 November 2020

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Export data: -
The accompanying table gives experiences on a month-to-month report of November
2020 on Natural Rubber export from India to the main 20 exchanging accomplices.

In the long stretch of November 2020, India significantly exported Natural Rubber to
Iran(0.16), Nigeria(0.09), Kenya(0.03), USA(0.03), and Joined Rep. of Tanzania(0.01).
The all-out export volume and export worth of these main 5 bringing in nations is 179500
and 0.32 USD million, which is 100 percent of the general export volume in the long
stretch of November 2020.

S.no. Country Qty(metric Value(USD MONTH YEAR

tons) Million)

1. Iran 101000 0.16 November 2020

2. Nigeria 40000 0.09 November 2020

3. Kenya 22500 0.03 November 2020

4. USA 14000 0.03 November 2020

5. United Rep. of 2000 0.01 November 2020

Tanzania

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 PESTLE ANALYSIS

POLITICAL FACTORS: -
Rubber Administration Regulation Every one of the rubber item makers and makers is
heavily influenced by rubber Administration Regulations. Common liberties Issue Global
enterprises are confronting different basic freedoms issues, rules, regulations,
regulations, and strategies of various state-run administrations in working nations.
Squandering the board and public worries Expanding ecological cognizance means quite
a bit to developing regulation.
The association's activity is misrepresented by government regulative applications that
focus on the four goals. Reduction in the amount of material inflowing the country's strong
waste administration framework. Lessen the utilization of normal scant assets. Increment
the reuse and reusing item bundling materials. To protect the common habitat and human
wellbeing from unfortunate impacts related to the unloading of item bundling materials.

ECONOMIC FACTORS: -
Product costs unfamiliar trade and worldwide economic circumstances. There are many
trees cut then additionally straightforwardly influenced by environmental issues.
Numerous entanglements are there in the environment. Unfamiliar trade and worldwide
economic circumstances Working in a worldwide environment aren't quite as natural as
working in a neighborhood market, since it includes the openness to cash trade rates
varieties. This for the most part influences the loan fee, economic development,
government activities inflation, and other economic factors.

SOCIO-CULTURAL FACTORS: -
Now-a-days shoppers are not brand faithful as they were beforehand, presently they can
without much of a stretch change to another product. Shopper decision for Strong Press-
On Tires Strong Modern Tires Is impacted by two significant qualities like identity and
age. Because of value reason, the age factor assumes a vital part when picking Strong
Press-On Tires.

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Presently players in the rubber industry have changed to non-edge products for example
Shape Plan and Creation, Rubber to Metal Holding, Texture Supported to Rubber
Embellishment, Restored on Wheels, and so on. The nation is saving over Rs.2000 crores
every year in unfamiliar trade through the production of around six needs lots of NR, an
extremely fundamental key natural substance required for the modern advancement".
Permitting makers to import rubber under Advance Permit Plan till February 1999
Consent to import polyurethane Low Bound Kate of 25% for rubber according to the WTO
Arrangement Unabated import of NR even after the abrogation of Advance Permit Plan
in February 1999.

TECHNOLOGICAL FACTORS: -
Technological advancement in assembling and new quality improvement ideas such JIT,
Six Sigma, and so on are critical suppliers to further develop proficiency in packaging
tasks and the nature of items. Advancement in technology likewise assists with presenting
new product offerings, for instance, new items and sendoff brands that meet changing
client styles, inclinations, and utilizations. In the rubber industry, the dissemination
process is a major test since cycles can have the option to put the right items at the perfect

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opportunity. In the tire industry, technology can give an upper hand, if it is applied in a
region, for example, calculated items into stores less extremely and costs past the
dissemination pipeline while expanding deals data accessibility.

LEGAL FACTORS: -
The Rubber Act, of 1947 accommodates the advancement of the rubber industry heavily
influenced by the Association. The Rubber Board, settled at Kottayam, Kerala, under the
organization of the Ministry of Commerce and Industry has been successfully supporting
the rubber industry for seventy years by attempting/helping/empowering logical,
mechanical, and monetary examination, giving preparation on superior strategies for
planting, development, manuring, and splashing, offering specialized guidance to rubber
cultivators, further developing advertising of rubber, accumulation of insights, etc.
Extensive venture from the Focal Government has been made in the last seventy years
for offering monetary help, warning, and administrative administrations through the
Rubber Board according to the prerequisite now and again.

ENVIRONMENTAL FACTORS: -
Indian rubber industry changes happening because of an Earth-wide temperature boost
and with more prominent environmental mindfulness this outer component is turning into
a huge issue for firms to consider. The developing craving to safeguard the climate is
affecting numerous enterprises, for example, the movement and transportation ventures
and the general move towards additional environmentally agreeable items and cycles are
influencing request designs and setting out business open doors. In India, we realize that
there are many sorts of environmental issues, and these are fundamental things however
more significant for our environment.

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 DETAILS OF LOCAL PLAYERS (LOCATED IN INDORE OR
NEARBY)
Rubber industries play an important role in the contribution of the country's economy. The
rubber industry is rapidly growing and contributes to almost every sector or industry in
some or the other way. Few local players located in Indore and nearby places are –

1. Omega rubber industries -

Omega rubber group is continuously growing and operated as a manufacturer and
exporter of premium quality rubber products for the last 30 years. Situated in India,
the company was established in 1985 and has proved to achieve a position of
number one in Central India. The marketing of the products is done via a chain of
distributors and esteemed OEMs including majors of reputed organizations such
as Volvo Eicher Commercial Vehicles, Force Motors, Eicher Tractors, etc.

Omega group is a group of well-experienced and qualified rubber technologists,

management graduates, and engineers who are rapidly working towards providing
customer satisfaction and achieving the company's objectives effectively.

2. International rubber industries -

Established in 1962 in Indore, Madhya Pradesh. International rubber industries
deal in the manufacturing of molded rubber products, rubber rolls, extruded rubber
products, and a few more. The company is involved in regularly expanding the
product range, and infrastructure and trying to do research and development-
related activities for adapting new and upgraded technology.

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 Continually, operating with effectiveness to achieve the lane of success. The
company supplies the products and parts to Eicher motors, Hindustan motors ltd.,
BHEL, Medicap’s ltd., and many more potential customers.

3. Super rubber industries -

Super rubber industries are an ISO 9001 - 2008 certified manufacturer, supplier as
well as exporter which was commenced by Mr. Sanjay Ahuja in Indore in the year
1999. The company deals in manufacturing and exporting product lines such as
rubber seals, O rings, Rubber grommets, and many more.

Super rubber industries came into existence as sole proprietorship firms but
eventually increased their working and started earning an annual turnover of
around Rs. 50 lakhs to 1 Crore. The company is considered instrumental in training
various qualitative ranged products such as rubber sheets, natural black rubber
sheets, and more.

4. Satyendra rubber private limited -

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 It is a private firm that was incorporated in 1989 at Dhar, and has an authorized
share capital of Rs. 2,000,000 and a paid-up capital of Rs. 1,488,500. Satyendra
Rubber Pvt. Ltd. is completely involved in the manufacturing and exporting of
rubber products. The core members and directors of the company are Mahesh
Gilda and Sonam Gilda. The company is involved in selling bulk quantities having
supreme quality and service.

Having registration at the Registrar of companies, Gwalior - Satyendra Rubbers is

classified as one of the Indian Non-Government companies. It is involved in
manufacturing tyres and tubes for motorcycles and has major customers in the
automobile industry.

5. BK rubber industries Pvt. ltd. -

The company was established in 1985 and is a leading manufacturer of Butyl tubes
that is used for tyres, curing bags, rubber compound, and flaps. BK rubber
industries Pvt. Ltd. is aimed at manufacturing and distributing the best quality
products. Under the guidance of Mr. Jaswant and Mr. Bhupendra, the company
has continuously made improvements in supplying genuine and trusted quality
products, which helped it become a pioneer in the market.

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 CONCLUSION
The rubber industry is dominated by the tire industry which is more than 50 percent of the
total production also India produces 6% more rubber each year. The different types of
rubbers are discussed in this report and their uses and applicability in different sectors.
The basic properties which rubber holds that as elasticity, thermal condition, and durability
are also elaborated. This Industrial report also includes the market leader and information
about their market size, top management, branches, and vision and mission statements.

The Rubber Board is responsible for the smooth functioning of the rubber industry and all
the processes is governed by them. The import export data followed by pestle analysis is
also included in this report and the local players’ information about their market
specification is also shared in this report.

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