An overview of the financial performance of Indian tyre industry – comparison among leading tyre companies

Type Journal Article - Innovative Journal of Business and Management
Title An overview of the financial performance of Indian tyre industry – comparison among leading tyre companies
Author(s)
Volume 2
Issue 5
Publication (Day/Month/Year) 2013
Page numbers 128-130
URL http://innovativejournal.in/index.php/ijbm/article/viewFile/12/12
Abstract
This study tries to evaluate the performance of Indian tyre industry in
terms of various financial indicators, sales trend, production trend, export
trend etc for the period of 2003-04 to2011-12.The result suggests that the
tyre industry has been passing through turbulent phases characterized by
enhanced debt burden, low utilization of assets, and above all, huge
liquidity crunch . The key to success in the industry is to improve labour
productivity, labour flexibility, and capital efficiency.

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