PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: TechSci Research

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Economies of Scale Benefitting Foreign Tyre Manufacturers in Russia Says TechSci Research - Cheaper raw material, energy cost and availability of cheap labor to boost the Russian tyre manufacturing in coming years - TechSciResearch.com
Economies of Scale Benefitting Foreign Tyre Manufacturers in Russia Says TechSci Research

 

NewswireToday - /newswire/ - Burnaby, British Columbia, India, 2012/02/16 - Cheaper raw material, energy cost and availability of cheap labor to boost the Russian tyre manufacturing in coming years - TechSciResearch.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

In many advanced economies, including Russia, the percentage of tyre manufacturers in reality has risen sharply in recent years. Many of them are for specialized tyre businesses. Despite the increasing numbers of tyre sales in the country, the exploitation of economies of scale still plays an important role in modern economies. Demand is directly proportional to consumer income and the price being asked for the product. The profitability of individual companies is linked to volume and price at large.

The most important factor for any tyre manufacturer is the availability of raw material at cheaper prices, which is easily available in Russia when compared with any other European country. Similarly, energy cost in Russia has a huge noticeable gap which in some cases compared to the home countries is even 40%. With the increasing number of automobiles on Russian roads the market for premium tyres has also developed which is encouraging major tyre manufacturers to produce tyres in the host country for domestic supply which saves 20% of the cost, as customs duty is not to be paid. In last couple of years Russia has emerged as a huge labor intensive market which has made availability of economical labor when compared with any other European country. According to Karan Chechi, Research Director at TechSci Research,“Economies of scale would benefit the major global tyre manufacturers in Russia by limiting their restraints. The exponentially increasing demand from OEM and aftermarket will continue to drive the Russian tyre industry landscape in coming years.”

Companies such as Nokian, Continental, Michelin, Pirelli, Yokohama, etc have either entered Russian soil or are in the process to set up their manufacturing units in the country due to several reasons at large. With the benefits generated from Economies of scale the companies such as Nokian, Pirelli, etc. are manufacturing tyres in Russia which helps them in managing with the cost difference as profits. The tyres are manufactured in Russia and then exported to all over the world. It is forecasted that Russia will emerge as one of the single largest automobile and tyre demand generating country in coming years.

“Russian Tyre Market Forecast and Opportunities 2017” gives detailed and unprejudiced overview on the tyre market in Russia. This report helps reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultant, tyre manufacturers and other stakeholders to align their market centric strategies according to ongoing and expected trends in future.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: TechSci Research

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Economies of Scale Benefitting Foreign Tyre Manufacturers in Russia Says TechSci Research

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Karan Chechi - TechSciResearch.com 
+91 12 04316223 info[.]techsciresearch.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechSci Research securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From TechSci Research / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

First Transports in Networked Trucks - DB Schenker and MAN Agree on Platooning Project
MAN Truck & Bus Are Placing the New MAN TGE Under Static Scrutiny As Part of A Van Bodybuilders’ Day Today
MAN Lion's Intercity is Russia’s Intercity Bus of the Year
Enel and Nissan Present First All-inclusive Electric Mobility Solution
MAN Truck & Bus Korea Launched MAN Lion’s Touring - The First and Only Cabriolet Bus for Sightseeing Tours in Korea
Influx of Cheap Imports Floods the Automotive Filter Aftermarket Says Frost & Sullivan
BASF Introduces Latest Robust Connectors for Automotive Wire Harnesses
Man Group Announces 100 NEOPLAN Skyliner Coaches for Rome
BASF Introduces Synthetic Leather Made with Elastollan® - Makes Car Seats More Comfortable
Frost & Sullivan Acclaims Federal-Mogul Motorparts' Visionary Solutions and Growth Strategies for the North American Automotive Aftermarket
Borealis and Borouge Showcase Lightweight Solutions with the 2016 European Car of the Year At K Fair
BASF - Charge Air Duct Made from The High-temperature Polyamide Ultramid® Endure BM for Blow Molding
MAN Announces First Major Order from Tbilisi
BASF and Hyundai Motor Showcase RN30 Concept Car At K Fair
750th MAN D2676 Engine for Alstom’s Coradia Polyvalent Delivered in Time for Innotrans 2016

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)