Rubber industry is one of the oldest and fastest growing industries in India. India is the third largest producer of natural rubber and stands in the first place in the production of reclaim rubber. The Confederation of Indian industries and Indian rubber manufacturers research association launched the International rubber world summit and expo in 2015. IRMRA is a co-operative scientific and industrial research organization that comes under the ministry of commerce and commerce of the Government of India. The Indian government is taking all the steps necessary to improve the production levels of rubber in India. The material handling equipment expo was organized in Mumbai by IRMRA and CII. The Indian government is providing power backup subsidies to the rubber industries from the best Online UPS Manufacturers for an uninterrupted power supply. There are many facts and the market share of rubber industry that would bowl us over in the https://thefinancialconsulting.com/ethylene-acrylate-rubber-market-size-share-trends-growth-regional-outlook-and-forecast-2021/250315/website.
Narendra Modiji, the PM of India launched the Make in India campaign for the all-round development of the nation,and the defense wing was given the utmost priority for strengthening the nation. Under these circumstances, the rubber industry is sure to grow leaps and bounds. The Admiral superintendent of the Naval dockyard, Indian Navy that comes under the defense wing said that 25% of rubber is used in products other than tyres and this needs to improve. He also added that rubber plays a significant role in being a part of aircraft, aerospace and defense machinery. Many countries took active participation in the rubber world summit and showed interest in taking up business deals with India. Countries like China, Vietnam, Italy, Australia, USA, UK, Japan, Singapore, Germany and Sri Lanka were impressed by the standards of rubber production in India.
The conventional methods of rubber production must be improvised to reduce the harmful effects of carbon emission. The skills of the workers must be devised,and new techniques of innovation must be applied to the rubber industry. The empowerment of rubber industry will lead to improvement of standards of production,and more profits can be reaped. Empowering the rubber and allied industries through innovation in technology, indigenization, Materials,and processes was a two-day conference held to alleviate the knowledge on rubber industry. Experts from the various countries shared their experiences and ideologies. The ED of Ceat tyres said that rubber industry is leading to a lot of pollution and the pneumatic tyre technology is practically ruling the world of mobility. 75% of the rubber produced is being used in the production of tyres, he acclaimed.
Structural and material changes like recycling and retreading can change the face of rubber and tyre industry. The pollution and its harmful effects on the environment due to rubber industry must be curbed as soon as possible. The president of IRMRA said that since the world war II, rubber is being replaced with plastic in many parts of the machinery. In Spite of that, the importance of rubber has not decreased even a bit. To alleviate its uses further, the research and development department must take up projects and induce training sessions to modernize the rubber industry. In this world of global competition, logistics must be given the most crucial place. There must be a drastic change in the supply chain.
Know More About : THE TOP RUBBER COMPANIES IN INDIA