Kolkata: MMTC is planning to import truck-bus tyres from China in the next fiscal. The company is also exploring the possibility of import of raw materials for the domestic tyre companies. MMTC likely to emerge as the first major trading house to import tyres. India was importing close to 1.4 lakh truck-bus tyres every month through 35-odd smaller players. The company mulls to market the imported tyres both through the dealer network as well as directly to fleet owners, especially the State transport undertakings and major PSUs. Confirming MMTC''s move, sources in the All-India Tyre Dealers'' Federation said that the trading major has already been in discussion with the dealers and may settle for an initial import quantity of between 10,000 and 15,000 tyres comprising both cross-ply and radial varieties. MMTCs entry will infuse the much needed competition and better trading practices in the tyre sector.
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