Rubber industry

Rubber industry

 

Rubber industry – Today Current Affairs

  • According to the All India Rubber Industries Association (AIRIA), the $2 billion non-tire rubber sector has set a target of doubling its exports by the year 2025.
  • The share of rubber products in the global market is currently around $212 billion, which is expected to increase by the year 2025.
  • The government should ensure that micro, small and medium-sized enterprises (MSMEs) get the benefits of internationalization under the terms of the Free Trade Agreement (FTA).
  • Since MSMEs are very important for India’s economy and commerce, India should incorporate FTA provisions to address the specific concerns, demands and constraints that MSMEs may face while doing business in foreign markets.

Today Current Affairs

All India Rubber Industries Association (AIRIA):

  • The All India Rubber Industry Association (AIRIA) is a not-for-profit body for facilitating rubber industry and trade with the objectives of protecting and promoting the interests of the industry.

Key Features of Rubber : The Hindu Analysis

  • Natural rubber is a polymer of isoprene, which is an organic compound.
  • Rubber is a cohesive elastic solid material derived from the latex of trees found in tropical regions, the most important of which is Hevea brasiliensis.
  • These provide economic benefits for about 32 years after the rubber trees are planted.

Source : The Hindu Analysis

  • Natural rubber is derived from various sources, the most common being the mercury rubber tree (Hevea brasiliensis). It produces latex for many years with its full development.
  • Congo rubber is produced from the vines of the Landolphia class. These vines could not be grown in the fields, resulting in large-scale exploitation of wild plants in the Congo.
  • Dandelion milk also contains latex which can be used for the production of rubber.

Favorable environment for rubber tree:

 Soil : The Hindu Analysis

  • These trees grow in soil with good drainage system and weather friendly.
  • Laterite, alluvial, sedimentary and non-laterite red soils are best for the growth of these trees.

Rainfall and Temperature : The Hindu Analysis

  • At least 100 rainy days a year with evenly distributed rainfall and a temperature range of about 20 to 34°C provide favorable conditions for the growth of the Hevea rubber tree.
  • About 80% humidity, 2000 hours of sunlight and the absence of strong winds are also essential for best results.

Use : The Hindu Analysis

  • Rubber is used for a variety of purposes from erasing pencil marks to manufacturing tyres, tubes and a large number of industrial products.
  • Natural rubber is preferred over synthetic rubber due to its high tensile strength and vibration resistant properties along with tear resistance.
  • This quality makes it more important for the construction and automobile industries.
  • The growth of the automobile market in the countries is anticipated to increase the demand for natural rubber production.
  • Growth in demand for latex products, such as catheters, gloves and belts, is also one of the factors that could drive the growth of the rubber market.

Production and Distribution : The Hindu Analysis

  • According to the Food and Agriculture Organization Corporate Statistical Database (FAOStat) for the year 2019, Thailand is the largest producer of rubber in the world, followed by Indonesia, Malaysia, India and China.

Present Status of Rubber Production in India : The Hindu Analysis

  • According to FAOStat 2019, India is the fourth largest producer and consumer of rubber in the world.

 Consumption : The Hindu Analysis

  • Most of the rubber consumption is in the transport sector, followed by the footwear industry.

Export : The Hindu Analysis

  • The quantity of natural rubber exported from India during the financial year 2020 was more than 12 thousand metric tonnes. Major countries that import natural rubber from India include Germany, Brazil, USA and Italy.
  • Export products include automotive tires and tubes, footwear, medical goods, coats and aprons.

Distribution : The Hindu Analysis

  • The first rubber plantation in India was established in the year 1895 on the hill slopes of Kerala.
  • Although the cultivation of rubber on a commercial scale was started in the year 1902.
  • Kerala is the largest producer of natural rubber in India.
  • Major Regions: Kottayam, Kollam, Ernakulam, Kozhikode all districts of this state produce rubber.

Tamil Nadu : The Hindu Analysis

  • Nilgiris, Madurai, Kanyakumari, Coimbatore and Salem are the main rubber producing districts of Tamil Nadu.

 Karnataka : The Hindu Analysis

  • Chikmagalur and Kodagu are the main producing districts.
  • Tripura, Assam, Andaman & Nicobar, Goa etc. are some other rubber producing states.

In this article we mention all information about Rubber industry  Today Current Affairs.

Yojna IAS Daily Current Affairs Eng Med 8th June

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