AN OVERVIEW OF THE FINANCIAL PERFORMANCE OF INDIAN TYRE INDUSTRY – COMPARISON AMONG LEADING TYRE COMPANIES

  • Nisha Rapheal
Cite this:
Rapheal, N. (2013). AN OVERVIEW OF THE FINANCIAL PERFORMANCE OF INDIAN TYRE INDUSTRY – COMPARISON AMONG LEADING TYRE COMPANIES. Innovative Journal of Business and Management, 2(05). Retrieved from https://innovativejournal.in/index.php/ijbm/article/view/12
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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.

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