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. |