The Automotive Tyre Manufacturers Association (ATMA) is urging the Indian government to reduce customs duties on essential raw materials, including carbon black and tyre cord fabric. Rising costs are being driven by volatile crude oil prices and supply chain disruptions in West Asia, which impact 60 to 70 percent of total production expenses. While domestic demand for tyres remains strong, the industry faces an inverted duty structure where raw materials are taxed higher than finished goods. This creates a competitive disadvantage for Indian manufacturers, especially as they face high tariffs in major export markets like the United States.
