The Indian rubber industry is experiencing a surge in investment in technology and exports. The global market is projected to face a deficit of 400,000 tons by 2026 due to unfavorable weather conditions.
India's natural rubber demand is projected to grow by 3.6% by 2026, far exceeding the average rate of many major global markets. The main drivers of this boom are increased consumption in the automotive and electric vehicle industries and key infrastructure development projects in this South Asian nation.
Source : baonghean.vn