AN OVERVIEW OF THE FINANCIAL PERFORMANCE OF INDIAN TYRE INDUSTRY – COMPARISON AMONG LEADING TYRE COMPANIES
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.
References
Downloads
Published
Issue
Section
License
COPYRIGHT AGREEMENT AND AUTHORSHIP RESPONSIBILITY
Â
All paper submissions must carry the following duly signed by all the authors:
“I certify that I have participated sufficiently in the conception and design of this work and the analysis of the data (wherever applicable), as well as the writing of the manuscript, to take public responsibility for it. I believe the manuscript represents valid work. I have reviewed the final version of the manuscript and approve it for publication. Neither has the manuscript nor one with substantially similar content under my authorship been published nor is being considered for publication elsewhere, except as described in an attachment. Furthermore I attest that I shall produce the data upon which the manuscript is based for examination by the editors or their assignees, if requested.â€