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Tyre manufacturers optimistic about Indian market

Although vehicle sales in India have failed to register sustained growth, tyre manufacturers in the country are optimistic and are expanding their domestic operations

After a brief spurt earlier in the year, new vehicle sales in India have started to decline again. October was the second consecutive month of year-on-year sales declines recorded by the country's automotive industry. Vehicle manufacturers are cautious about the outlook, and have adjusted production volumes in line with this slowdown in demand.

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