Wednesday, 31 March 2010 00:00 Nimesh Sharma Opportunities - Manufacturing
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The number of vehicles hitting the roads is increasing everyday and so is the number of tyres. There is a business opportunity up for grabs and it’s in recycling them.
With more than 33 million vehicles added to the Indian roads in last three years, can you guess the other items that would have increased manifold leading to some grave problems?
Well, one of them is the tyre, one of man’s most useful inventions. Most useful, but if the increasing numbers are not managed it can be dangerous. About 80 million tyres are a part of these 33 million vehicles, which include two, three, four and six wheelers, and pose a potential threat to the environment. However, companies have innovated ways and means to curb this menace which has led to the evolution of the huge tyre recycling industry. When we had started working on this article, we thought we could count the recycled tyre uses on our fingers; which included cushioning on boats, burning for warmth in winter, swing ride seats (in rural Indian context) and at the most land-filling. However, further research and talking to industry people revealed startling facts about the uses of old tyres, which we had never imagined. In fact, in India, even the tyre recycling industry is not aware of all these uses. It’s a business opportunity glaring in front of us.
In this article we have tried to find out the ground realities of the tyre recycling industry and we have also taken inputs from Dr. S N Chakravarty, KPS Consultants & Impex who is a consultant in tyre, rubber and allied industries with 40 years of experience.
Tyre composition and stages in recycling
A tyre is made of natural rubber (also called virgin rubber), Styrene-Butadiene Rubber (SBR), Polybutadiene Rubber (PBR), Carbon