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The Hindu

National

The Hindu Bureau

Despite price crash, rubber production goes up in India

The crisis triggered by plummeting rubber prices notwithstanding, production of natural rubber (NR) grew by 8.3% in India during the previous fiscal.

As per the statistics tabled at the 21st meeting of the Statistics Consultative Panel of the Rubber Board in Kottayam on Thursday, the NR consumption also registered a growth of 9% during the period.

The volume of rubber production increased to 8,39,000 tonnes from 7,75,000 tonnes in 2021-22 while consumption increased from 12,38,000 tonnes in 2021-22 to 13,50,000 tonnes.

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