Atma

Tyre exports from India rise 17% in Q1: ATMA

Indian manufactured tyres are being exported to over 170 countries in the world.

Budget wish list: ATMA asks govt to restrict import of waste tyres

The import of waste/scrap tyres into India has increased by more than five times since FY20-21, ATMA said in its pre-budget submission to the finance ministry

India has sufficient domestic tyre capacity; imports must not be liberalised through free trade pacts: ATMA

ATMA said the domestic tyre industry is a significant employer, providing livelihoods to over 5 lakh people directly and indirectly employed in manufacturing, distribution, and related services

Rubber prices continue to soar, threaten to hit tyre market

There appears to be no respite in the near term from surging rubber prices in India due to shortage of supplies and delayed imports. Abnormal fall in production in Thailand is adding to the problem. The robust demand for tyres in an election year will put pressure on the sector.

Indian tyre industry to scale turnover of Rs 1 lakh cr in next 3 yrs: ATMA

The industry has completed investment of Rs 35,000 crore in the last three years in new capacity creation and debottlenecking.

Tyre industry body ATMA urges govt to allow duty-free import of natural rubber

According to the tyre industry body, natural rubber (NR) consumption is expected to increase further and the annual demand is expected to cross 13 lakh tonnes this fiscal.

Indian Railways eyes 20% share in automobile transportation by 2021-22

In the past six months, amid the COVID-19 lockdown, the Indian Railway has loaded 836 rakes of automobiles against 731 rakes in the previous year.

Truck, bus radial tyre imports touch new high in FY17: ATMA

In the last fiscal, overall import of TBR grew 9 per cent, the apex body of tyre manufacturers said, adding that the ever-increasing trend has hurt the domestic industry.

Tyre import up in Apr-May, ATMA calls for anti-dumping duty

Truck and bus radial tyres (TBR) import surged 57 percent while that of radial car tyres by 20 percent in the first two months of 2016-17 fiscal, prompting industry body ATMA to ask the government to impose anti-dumping duty on import from China

Sensex may sink to 15000 if 21300-22500 support zone breaks: ASA

Vivek Patil, who saw the ongoing market crash last year, says the Sensex can sink to 15,000 levels.

Sushil Kedia sees 2-3 month pain followed by 'super bull mkt'

With selling intensifying in the past few days, technical analyst Sushil Kedia says the ongoing correction has further legs to go but adds that there is a pot of gold at the end for investors who can ride the pain.

Tyre production falls in Apr-Jul period: ATMA

Commenting on the trend, ATMA Chairman Raghupati Singhania said: "Tyre industry is passing through a difficult year as production growth is not only slackening but contraction is being witnessed across key tyre categories."

Rubber output could plunge to lowest in nearly two decades

Combined with growing local demand, that could force the world's second-biggest consumer of the commodity to increase shipments from key exporters such as Thailand, Vietnam and Indonesia.

Nifty unlikely to go above 8,550 short-term: Sushil Kedia

Speaking on the currency space, Sushil Kedia, President of Association of Technical Market Analysts (ATMA), says he sees the rupee hitting 57 against dollar in the next 10-12 months.

ATMA India Conclave: The currency curve

At the ATMA India Conclave money market experts discussed about the currency and its movement.

13000 on Nifty in 2-3 yrs, 7700 in near term: Sushil Kedia

Now that the correction has set in, Nifty‘s real range of trade is seen between 7600 and 9000, says Sushil Kedia, President Association of Technical Market Analysts (ATMA). He says the market is at an inflection point and warns investors from taking any position today or tomorrow.