Natural Rubber production grows by 2.1% in last fiscal

Kottayam: According to the annual ‘Indian Rubber Statistics’ (IRS) published by the Rubber Board, the Natural Rubber (NR) production in the country showed a steady growth, increasing by 2.1 per cent to 8.57 lakh tonnes during FY 2023-24 from 8.39 lakh tonnes a year ago. NR Consumption also saw a significant rise, increasing by 4.9 per cent to 14.16 lakh tonnes during FY 2023-24 from 13.5 lakh tonnes in 2022-23.

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