Tyre Industry Seeks Ban on Scrap Tyre Imports Amid Surge

29 Jan 2025 CW Team

The Automotive Tyre Manufacturers Association (ATMA) has urged the government to impose an immediate ban on waste tyre imports, citing a more than fivefold increase since FY21 and growing environmental concerns. According to Ministry of Commerce data, imports of waste and scrap tyres have surged from 264,000 metric tonnes in FY21 to 1.398 million metric tonnes in FY24.

In its pre-budget submission, ATMA Chairman Arnab Banerjee highlighted that the rising imports contradict India's Extended Producers Responsibility (EPR) Regulation on Waste Tyres, implemented in July 2022. The regulation is designed to ensure proper collection and disposal of end-of-life tyres, reducing environmental impact.

With India producing over 200 million tyres annually, ATMA argues that the domestic industry already generates sufficient end-of-life tyres to meet recycling needs, making imports unnecessary. The influx of scrap tyres also raises safety concerns, as improper disposal can lead to fire hazards and environmental pollution.

India's tyre industry has expanded significantly in the past decade, with manufacturers increasing capacity to cater to both domestic and export markets. The sector accounts for about 3% of global tyre production, with major players operating multiple manufacturing units across various states.

ATMA, which represents India's leading tyre manufacturers, is advocating for stronger domestic recycling infrastructure instead of relying on imports. The association has previously collaborated with the government on industry regulations, quality control measures, and raw material policies.

(Autocarpro)

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..