Resilience is the very character of rubber and the sector is sure to regain its past glory, surviving the obstacles of the present recessionary trends as well as climatic variations, said KM Mammen, chairman, Automotive Tyre Manufacturers Association (ATMA) and CMD of MRF.
Delivering the inaugural address at India Rubber Meet (IRM) 2020, being held at Mamallapuram in Tamil Nadu, he said arrangements should be made to build up a strategic reserve of natural rubber, that can meet about a month’s requirement.In his keynote address, Sawar Dhanania, chairman of Rubber Board said that natural rubber (NR) prices had seen both low and comfortable levels, on and off, over the decades. Sustainability had economic, social and environmental dimensions. The present slump in rubber prices has prolonged challenging the sustainability of rubber cultivation in terms of its economic and social impacts.
