Question

what is importance of rubber for the india economy

Answer 1

It plays a important role in Indian economy as the uses and importance of rubber all over the world. rubber industries has more than 12000 crore turnover in India.India is the one of the largest producer and fifth largest consumer of natural rubber and synthetic rubber together in the world

Answer 2

1.It plays a vital role in Indian economy because of the uses and importance of rubber all over the world.The rubber industry has more than 12000 crore turnover in India.
2.India is the third largest producer and fifth largest consumer of natural rubber and synthetic rubber together in the world. 
3.It caters the need in defence sector( civil, aviation, aeronautics) railways, agriculture, transport , textile engineering industries, pharmaceuticals, mines, steel plants, ports, family planning programmes, hospitals and sports.It almost cover every conceivable area.
4.Rubber products have significant contribution in Export.It exceeds 2000 crore according to recent estimate.
5.Kerala and Tamil Nadu are leading producer of Rubber.

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