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Rubber imports dip nine per cent to 2 lakh tons in April-October

Rubber imports dip nine per cent to 2 lakh tons in April-October

India's natural rubber imports have declined by 9 per cent to 2.88 lakh tonnes in the first eight months of the current financial year.

The rubber imports stood at 3.16 lakh tonnes during the April-October period in the last financial year, according to the Rubber Board's data.

Total rubber imports in FY 2014-15 touched an all-time high of 4,15,000 tonnes due to lower international prices and fall in domestic production.