05
Apr
Ahmedabad (Gujarat) [India], April 5: India stands 6th in natural rubber production and 2nd in world consumption. Widely used as an industrial raw material, total natural rubber trading in India accounts for approx. 2200 million USD. Further, Rubber Industry in India is estimated to be worth ₹ 12,000 Crores. Under the Ministry of Commerce and Industry, the Rubber Board of India plays a vital role in developing and supporting the entire Rubber Industry. Aimed at bringing transparency to the natural rubber trade, recently, the Rubber Board came up with a proposal to build an online trading platform that will complement…
