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Top 10 Best Indian Rubber Manufacturing Company In 2022

Top 10 Rubber Manufacturing Company In India 2022

 

Indian Rubber Industry

In India, the rubber sector has established itself as a significant industry. In a few years, India is expected to overtake China as the world’s second-largest participant in this area. India is a major producer of natural rubber. It is primarily produced in Kerala, but production in North-East India is increasing. Both natural and synthetic rubbers complement each other in supplying the desired end qualities to finished rubber goods.

In India, synthetic rubber accounts for roughly 30% of overall rubber usage, compared to 65 per cent globally. As a result, the Indian government promotes the building and growth of synthetic rubber factories. The Indian domestic market can consume all of the country’s natural rubber production.

After China, the United States, and Japan, India is the world’s fourth-largest user of rubber. India’s per capita rubber consumption is currently 1.2 kilogrammes, compared to a global average of 3.2 kilogrammes. China weights 8 kilogrammes, while industrialised countries weigh 13 kilogrammes. Since the last five years, natural rubber use in India has increased by 3-4 per cent year on year, while synthetic rubber usage has increased by 15-20 per cent. This highlights the industry’s potential for expansion in India, which might be met by a combination of imports and local manufacturing.

The Indian Rubber industry’s elements produce more than 35,000 rubber products for various uses and applications. Tyres and Tubes, Automobile Rubber Parts, Belts and Beltings, Cables, Cots and Aprons, Rubber and Canvas footwear, Fenders, Gaskets, Hygienic & Pharmaceutical rubber goods, Mattings, Sports Goods, Rollers, and others are among the value-added rubber products that use various types of natural rubber, synthetic rubber, and reclaimed rubber. Each of the sub-sectors above has a wide range of rubber products. In reality, tyres and vehicle rubber parts fuel India’s auto sector growth.

India is poised to become a worldwide automobile powerhouse, with the fourth largest commercial vehicle market and the second largest two-wheeler market in the world. The government’s renewed emphasis on road infrastructure development has resulted in a 33 per cent growth in bus production in just two years.

The Indian government allows 100% foreign direct investment (FDI) in the rubber goods business. With rubber consumption saturation in Western countries and a shift in consumption to the Asia Pacific region, India will focus on this decade’s development. Rubber from India is exported to more than 190 nations throughout the world.

 

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Emerging rubber sector globally- India’s potential contribution

Rubber Products for Industry – Growth in important OEM sectors, particularly motor vehicles and aftermarket demand due to emerging solid developing nations, are said to be driving global demand. In 2016, the global market was expected to grow 5.8% to $ 140 billion per year. 

Mechanical rubber goods, which include body seals, vibration control devices, and wiper blades, are predicted to be the most popular product category through 2016. These products are widely used in automobiles, and segment growth will be aided by the positive forecast for global automotive production.

Rubber belts and hoses will grow at the quickest rate of any product segment during that time, aided by a more favourable pricing forecast for mechanical items.

Rubber Gloves: As a result of current occupational safety legislation, global demand has surged. The demand is predicted to increase by 10% per year.

West Bengal was a forerunner in the Indian rubber sector. The government of West Bengal’s current industrial policy supports the rubber sector in every way. Howrah will soon be home to a massive rubber industrial complex. The project is being developed in collaboration between the public and commercial sectors (PPP).

The project’s stakeholders include the Union Ministry of Commerce and Sector, WBIDC, the Government of West Bengal and 206 members of the Indian rubber industry.

A Rubber Park is being built on 110 acres of land in Sanjhrail as part of the cluster, costing Rs 50 crore (USD 7 million). The park is estimated to bring in Rs 1500 crore in investment (USD 200 million). The Park’s infrastructural development work is in full swing. Apart from individually created logistics and distribution facilities and production units, it is envisaged to have a business centre, an IT centre, a drawing and design centre, and state-of-the-art testing labs.

South Asia Rubber & Polymers Park (SARPOL) has been established as a Special Purpose Vehicle (SPV) to set up, operate, and administer the Park. IRMRA, the Government of India, and SARPOL have signed an MOU under which IRMRA would establish an unified testing laboratory centre known as IRMRA-East. It will also construct an IT, training, design and product development centre.

The Park would accommodate current small rubber products manufacturing businesses located in congested areas of Kolkata and Howrah, in addition to giving chances for small and medium manufacturing units to be established.

 

 

Rubber Consumption in India

The following industries consume the majority of 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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Indian Rubber Market

 

India’s annual production varies between 6 and 7 lakh tonnes, totalling Rs. 3000 crores. Ribbed Smoked Sheets account for seventy per cent of India’s total rubber manufacturing (RSS). India imports this as well, accounting for 45 per cent of all rubber imports. The rubber sector in India generates a revenue of Rs 12000 crores. The tyre sector consumes most of India’s rubber production, accounting for over half of the country’s total output. Kerala is the state that consumes the most rubber, followed by Punjab and Maharashtra. Natural rubber exports from India have expanded dramatically over the years, reaching 76000 tonnes in 2003-04.

Despite being one of the world’s major rubber producers, India nevertheless buys rubber from other countries. India currently imports roughly 50000 tonnes of rubber each year.

There are around 6000 units, with 30 large scale units, 300 medium scale units, and approximately 5600 small scale and micro sector units. These units produce over 35000 rubber goods, employing 400 thousand people, including 22,000 technically qualified support staff, and paying Rs.40 billion to the national exchequer in the form of taxes, tariffs, and other levies. The Indian rubber industry is extremely important to the Indian economy.

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In India, the rubber plantation sector generates approximately 630 million tonnes of natural rubber, with a predicted production of over one million tonnes shortly. This has aided the Indian rubber industry’s radical and rapid expansion. A surge in the automobile sector, higher people’s living conditions, and fast overall industrialisation contribute to this growth promise. Rubber usage per capita in India is barely 800 grammes, compared to 12 to 14 kilogrammes in Japan, the United States, and Europe. India is still a long way from reaching saturation in terms of rubber product usage. Another element pointing to the industry’s substantial growth prospects in the following years is this.

 

 

Following are the Top 10 Rubber manufacturing company in India 2022

 

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1. Rubfila International Limited

 

Rubfila International Limited (RIL) is a Malaysian public listed company founded in 1994 by Rubpro Sdn. Bhd. and Kerala State Industrial Development Corporation (KSIDC). Since 1994, it has been listed on the Bombay Stock Exchange (BSE).

RIL has two manufacturing facilities: one in Kerala’s Palakkad and the other in Tripura’s Agartala. Rubfila began operations in 1995 with a single production line with a 3000 MT/year installed capacity and now has a manufacturing capacity of 17000 MT/year at its facilities.

Rubfila is the only company in India that produces both talcum and silicon-coated rubber threads. The company adheres to internationally recognised quality standards, and its products are well-liked by clients in India and around the world. RIL manufactures high-end items for specific markets like toys, fishing, caterers, meat packing, medical webbing, and bungee jumping cords. RIL manufactures threads with diameters ranging from 3.1mm (8 counts) to 0.23mm (110 counts).

 

QUALITY POLICY

To provide consistently high-quality products to their internal and external clients, ensuring complete satisfaction via continuous improvement and doing things right the first time, every time.

 

ENVIRONMENTAL POLICY

Rubfila is dedicated to improving environmental quality through a proactive production process. They attempt to accomplish this by:

  • Following all applicable Environmental Regulations and other obligations.
  • Using pollution prevention techniques and measures throughout the process, such as reducing actual resource consumption and reducing land, air, and water emissions.
  • Continual improvement through regularly assessing objectives and targets and improving environmental performance by providing suitable infrastructure.
  • Disseminating this Policy to all of our employees and any other interested parties.

 

Corporate Social Responsibility

RIL is involved in various social activities that benefit society as a whole. RIL has established a clear strategy to support needed projects in sectors such as education, healthcare, total development, etc.

RIL has provided cash towards the education of needy children from low-income families.

RIL also provides a valuable platform in technical and management education disciplines by assisting students in gaining real-world experience.

 

Quality Certification

Rubfila International Limited (RIL) is the world’s first rubber thread plant to acquire the coveted ISO 9001 quality accreditation. It adheres to the system religiously to assure a high-quality experience for its clients.

 

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2. PIX Transmissions Ltd

 

PIX Transmissions Ltd. is India’s largest Belts producer and other mechanical Power Transmission equipment. The company has cutting-edge Belt production units and an advanced, fully automated Rubber Mixing facility.

In the Power Transmissions industry, PIX Transmissions Ltd. has considerable brand equity, with a strong local and global presence. In addition to over 250 committed Channel Partners in over 100 countries worldwide, the company has foreign subsidiary operations in Europe and the Middle East.

 

INFRASTRUCTURE

PIX has been at the forefront of development and innovation for numerous years. PIX has established itself as a highly-prolific and dependable manufacturer due to continuous investment, rich and diverse experience, technology, and state-of-the-art facilities that comprise a design centre, fabrication workshop, and elaborate testing facilities.

The company’s attention on automation and quality is reflected well in the automated Mixing plant and an ultra-modern production facility. Because of this feature, the company can provide a compelling value proposition to its customers.

 

GLOBAL PRESENCE

Considering its global customer base, PIX has built an exceptional support infrastructure in various vital regions worldwide, including the United Kingdom, Germany, and the United Arab Emirates. A Distribution Centre is housed in each of these locations, geared to provide technical, commercial, and logistical support. PIX is one of the rare worldwide corporations in its industry with a robust infrastructure outside of its home country.

PIX’s major strength is its increasing global network of independent, committed, and loyal Channel Partners, which spans more than 100 countries. The hallmark of PIX’s strength in this area has been performance-based and trust-based relationships. PIX is also happy to count some of the market leaders among its many OEM clients in key application areas.

 

CORPORATE GOVERNANCE

By implementing best practices, rigorous processes, and sound business ethics in attaining growth, PIX is known as a company that helps to foster a culture of excellent corporate governance, keeping the interests of its customers, workers, investors, and stakeholders high. PIX is also conscious of its corporate social responsibility and has made efforts to ensure that its operations are safe, ethical, and ecologically friendly.

 

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3. Indag Rubber Limited (IRL)

 

Indag Rubber Limited (IRL) was founded in July 1978 as a joint venture between the Khemka Group and M/S Bandag Incorporated, USA, one of the largest retreading companies in the United States. In 1984, it went public on the Bombay Stock Exchange. The previous joint venture was terminated in 2006, with the Khemka Group acquiring Bandag’s 38.3 per cent interest.

The company produces pre-cured tread rubber, unvulcanised rubber strip gum, universal spray cement, and tyre envelopes for the tyre retreading sector. The Nalagarh (Himachal Pradesh) manufacturing plant has a capacity of 13,800 MT for tread rubber, 1,800 MT for rubber strip gums, and 300 KL for rubber cement. The company had another facility at Bhiwadi (Rajasthan), but it was not operational. The sale of precured tread accounts for about 90 per cent of the company’s income.

Indag Rubber is a family-owned company with strong values. Its clients are people who desire to make a positive impact on the communities in which they operate and the global community. This is an example of corporate social responsibility (CSR). Customer research is conducted to gauge customer perceptions of the connection and determine how well-informed the general public is about Indag Rubber’s CSR efforts.

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Processes / Policy on Quality

Their lab is conveniently located near the manufacturing plants and is extensively utilised for quality testing and the development of novel substances. The lab of Indag Rubber is staffed by chemists and technicians with extensive experience in the rubber sector.

With degrees from the top Indian Institute of Technology and over a century of combined expertise, their staff is constantly improving their product to deliver the most mileage to their clients.

Indag Rubber’s operations are ISO 9001:2000 certified, and their goods are thoroughly inspected at every stage to ensure that only the highest quality products reach clients. From raw material testing to final goods inspection, all products must match the company’s stringent requirements before being supplied to customers.

 

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4. Harrisons Malayalam Ltd

 

Harrisons Malayalam, a member of the RPG Group, is an Indian agricultural business firm with a 150-year history situated in Kochi, Kerala. It cultivates between 14,000 and 26,000 hectares of land (information varies) and processes products from nearby farms. Rubber, tea, and pineapple are among its primary goods, in addition to banana, cardamom, chocolate, coffee, coconut, pepper, and vanilla.

Harrisons Malayalam is India’s largest pineapple producer and the largest tea producer in South India, and the region’s greatest employer. In 2021, the company was ranked as the 6th best place to work in India and the 16th best place to work in Asia by Great Place to Work.

Harrisons & Crosfield of the United Kingdom founded Malayalam Plantations Ltd. in South India in 1907. In 1983, Indian nationals purchased 34% of the Malayalam Plantations, leaving Harrisons with 40%. Malayalam Plantations combined with Harrison & Crossfield’s other Indian interests to establish Harrisons Malayalam next year. The RPG Group bought it in 1988, and Sanjiv Goenka was the Chairman.

The assets of Harrisons Malayalam were vertically split and put under two different management teams when the RPG Group’s enterprises were divided between the two brothers, Sanjiv and Harsh. Harsh took management of the demerged entity Harmony Plantations, while Sanjiv remained Chairman of the original firm.

Suryanelli (tea), Kumbazha (rubber), and Achoor (rubber) are among the company’s ten tea and ten rubber plantations. The enterprise employs around 13,000 people in rural Kerala, and more than 100,000 people rely on it for their livelihood.

 

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5. GRP Ltd

 

GRP Ltd, a well-known maker of reclaimed rubber from used tyres, upscaled polyamide from nylon waste, and engineered goods die-cut from end-of-life tyres, was founded in 1974. The company operates five business verticals (Reclaim Rubber, Industrial Polymers, Custom Die Forms, Retreading, and Rubber Composite) with eight manufacturing units across India, with an installed capacity of 72,000 MT per year to serve the global polymer industry’s needs and help save the planet’s valuable resources.

GRP has a highly organised Integrated management system for all its reclamation rubber manufacturing units, including IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. All of Reclaim Rubber’s products are REACH certified for the EU Zone.

Since four decades, GRP has been a publicly traded corporation on the Bombay Stock Exchange. Over the previous ten years, it has been a testament to the company’s excellent customer connections forged over many years of offering high-quality, made-to-spec products and close collaboration that adds value. GRP is optimistic about the future, believing that its continuing investment in innovation, product quality, people-friendly HR procedures, and a strong CSR agenda will result in a long-term business for all stakeholders.

GRP has a highly organised Integrated management system for all its reclamation rubber manufacturing units, including IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. All of Reclaim Rubber’s products are REACH certified for the EU Zone.

Since four decades, GRP has been a publicly traded corporation on the Bombay Stock Exchange. Over the previous ten years, it has been a testament to the company’s excellent customer connections forged over many years of offering high-quality, made-to-spec products and close collaboration that adds value.

GRP is optimistic about the future, believing that its continuing investment in innovation, product quality, people-friendly HR procedures, and a strong CSR agenda will result in a long-term business for all stakeholders. GRP has a well-organised Integrated management system that comprises IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 for all its reclamation rubber manufacturing plants. Reclaim Rubber’s whole product line is REACH-certified for the EU Zone.

GRP has been a publicly-traded company on the Bombay Stock Exchange for over four decades. For the past ten years, it has done so, a monument to the company’s strong customer relationships built over many years of providing high-quality, made-to-spec goods and close collaboration that adds value. GRP is enthusiastic about the future, believing that its continued investment in innovation, product quality, people-friendly HR procedures, and a strong CSR agenda will pay off in the long run for all of its stakeholders. Following that, MTCPL became a Continental Netherland subsidiary.

The operation of the Modinagar Plant is halted since the Official Liquidator’s seal has yet to be removed. MRL encouraged numerous other companies for joint ventures with foreign partners in India to manufacture float glass, resin-coated sand, hair salons and academies, and business activities through its 100 per cent subsidiaries.

 

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6. Modi Rubber Ltd.

 

Modi Rubber Limited (MRL) was founded in 1971 to produce vehicle tyres and tubes. MRL had plants in Meerut, Partapur (Distt. Meerut), and Modinagar (Distt. Ghaziabad), all of which were in the state of Uttar Pradesh. Continental A.G. of Germany assisted in the technical development of the tyres. MRL was a leader in the TBS Tyre Segment until 2001 when the facilities were forced to close owing to an illegal strike by the workers.

After the BIFR approved the Rehabilitation Scheme in April 2008, operations in the Meerut Plants began in June 2009, through its 100 per cent subsidiary, Modi Tyre Company Pvt. Ltd. (MTCPL). Due to financial difficulties and losses at MTCPL, all of the company’s shares were sold to Continental Holdings Netherlands in 2011. Following that, MTCPL became a Continental Netherland subsidiary. The operation of the Modinagar Plant is halted since the Official Liquidator’s seal has yet to be removed. MRL encouraged numerous other companies for joint ventures with foreign partners in India to manufacture float glass; resin coated sand, and hair salons and academies, as well as business activities through its 100 per cent subsidiaries.

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7. Apollo Tyres Ltd.

 

Apollo Tyres Limited, located in Gurugram, Haryana, is an Indian multinational tyre manufacturing firm. It was founded in 1972, and the company’s first plant was opened in Perambra, Kerala (India). The company now has five manufacturing facilities in India, one in the Netherlands and one in Hungary. In India, it has a network of approximately 5,000 dealerships, with over 2,500 of them being exclusive stores.

India accounts for 69 per cent of the company’s sales, while Europe accounts for 26% and other regions for 5%.

In March 2016, Apollo announced its contract manufacturing foray into the two-wheeler tyre segment.

In April 2017, the Hungarian Prime Minister, Viktor Orban, opened the company’s second plant in Europe. Apollo Tyres Ltd.’s stock hit a new high in just over two years in February 2021, trading at $253.10.

In Europe, Apollo Tyres sells Apollo and Vredestein (or Maloya) branded tyres. In Europe, the company now has two tyre factories, one in the Netherlands and the other in Hungary. The Enschede plant was purchased from Vredestein, and the newly constructed facility southeast of Gyöngyöshalász began production on April 7, 2017.

 

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8. CEAT Ltd.

 

The RPG Group owns CEAT Limited, an Indian multinational tyre manufacturing firm. It was founded in Turin, Italy, in 1924. It is active in international markets. CEAT makes tyres for passenger cars, two-wheelers, trucks and buses, light commercial vehicles, earthmovers, forklifts, tractors, trailers, and auto-rickshaws and produces approximately 165 million tyres per year. CEAT tyres’ operations currently have a capacity of over 800 tonnes per day.

Virginio Bruni Tedeschi started Cavi Elettrici e Affini Torino (Electrical Cables and Allied Products of Turin) in Turin, Italy, in 1924.

The company was founded in Mumbai on March 10, 1958, as CEAT Tyres of India. Initially, the Tata Group was the company’s partner. The business established a research and development facility at Bhandup in 1972. Deccan Fibre Glass Limited amalgamated with the company in 1981.

RPG Group purchased the company in 1982, and it was renamed CEAT in 1990. The business partnered with Yokohama Rubber Company to produce radial tyres at their Nashik facility in 1993. CEAT created a joint venture with Asia MotorWorks (AMW) and Kelani Tyres in 1999 called CEAT Kelani to produce and market CEAT tyres in Sri Lanka. CEAT Kelani opened its first radial-tyre production plant in Sri Lanka at Kalutara in 2006. AMW left the joint venture in 2009.

 

Products

Initially, the Tata Group was the company’s partner. The business established a research and development facility at Bhandup in 1972. Deccan Fibre Glass Limited amalgamated with the company in 1981.

RPG Group purchased the company in 1982, and it was renamed CEAT in 1990. The business partnered with Yokohama Rubber Company to produce radial tyres at their Nashik facility in 1993. CEAT created a joint venture with Asia MotorWorks (AMW) and Kelani Tyres in 1999 called CEAT Kelani to produce and market CEAT tyres in Sri Lanka. CEAT Kelani opened its first radial-tyre production plant in Sri Lanka at Kalutara in 2006. AMW left the joint venture in 2009.

 

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9. Cochin Malabar Estates & Industries Ltd.

 

The company was founded on March 14, 1930, operating rubber and tea plantations in Kerala and Karnataka ever since.

The company is primarily a plantation company with 3 Rubber Estates totalling 5225 acres in Kerala. In addition, the company purchased a Tea Estate in Kerala’s Idukki District. This estate is being systematically removed and replanted with high-yielding cultivars. The factory is also being considerably rebuilt and updated.

Apart from the typical plantation industry, the company has diversified interests such as a Fire Engineering Division in Bombay and a 106-acre Aqua Culture Farm in Goa to grow tiger prawns, shrimps, and other aquatic species. The company also established a 100 per cent EOU Rubber Wood Processing factory at one of its estates, Kinalur Estate, to convert rubberwood into hard and sturdy wood using foreign know-how and chemical treatment.

The Hon’ble High Court of Calcutta sanctioned a Scheme of Arrangement between the Company and Joonktollee Tea & Industries Ltd. on December 3, 2012. From April 1, 2011, the Company’s Cochin Plantation Division (which includes Chemoni, Pudukad, Eichipara Rubber Estates, and Pullikanam Tea Estate) has demerged amalgamated with Joonktollee Tea & Industries Ltd.

From October 7, 2013, the Company was no longer a subsidiary of Joonktollee Tea & Industries Ltd.

 

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10. Dunlop India Ltd.

 

Dunlop Rubber was a British multinational that produced a variety of rubber products. John Boyd Dunlop, the inventor of the pneumatic tyre, founded the company in 1889.

Ruia Group has owned DUNLOP, India’s most prominent and well-known tyre brand, since 2005, and the group is the market leader in 2/3 wheeler tyres. DIL can meet the needs of a wide range of consumers. In main sectors such as Truck/Bus, Farm, and OTR, the goods have been favourably appreciated on the market. Dunlop has already made advances in various industries, including state-owned transportation companies and other significant commercial enterprises.

Dunlop’s voyage in India began in 1896 when the company started selling cycling tyres. Dunlop Rubber Company (India) Limited was formed to conduct business in India. DIL built Asia’s first tyre manufacturing plant on a 239-acre plot of land in Sahaganj, near Calcutta, in 1936. The facility, which began by producing tyres for passenger cars, bicycles, and animal-drawn vehicles, has expanded its capabilities to include everything from scooter tyres to the truck, bus, tractor, and earthmoving, as well as aeroplane tyres. Sahaganj also made a variety of industrial items.

 

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