(a) whether All India Tyre Dealers Federation has sent representation to the Government to
check the rise in the prices of tyres and demanded a probe on the cartel made by the five tyre
manufacturing companies;
(b) if so, whether the Union Government has taken any action on the representation of the
All India Tyre Dealers Federation; and
(c) if so, the details thereof ?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JYOTIRADITYA M. SCINDIA)
(a): Yes, Madam.
(b)&(c): Tyre is a de-licensed and de-reserved item.Tyre prices are determined by
market forces. Tyre industry is raw-material intensive. Natural Rubber is the key raw
material of tyre industry and accounts for 42% of the production cost of tyres. The present
rise in tyre prices is mainly on account of steep and significant increase in prices of raw
materials particularly of natural Rubber.