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Indian Tyre Industry
Essay specific features
Written by:
Roy W
Date added:
April 7, 2017
Level:
University
Grade:
A
No of pages / words:
3 / 616
Was viewed:
2589 times
Rating of current essay:
Essay content:
And the second reason is, this credit is being offered at LIBOR, which is the London Inter-bank Offered Rate. It is the rate of interest at which banks borrow funds from other banks.
Other Petro chemical based material (Carbon black, Nylon tyre cord etc.)
The power of suppliers is high in this category as India is limping back in case of Petro based raw materials like carbon black and chemicals which account low in quantity terms but are high cost generators...
displayed 300 characters
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Also the price of NTC fluctuates in line with the prices of Caprolactam (a petroleum derivative)-it?¦s main raw material. The prices of these materials are beyond control of tyre industry.
2) Bargaining power of buyers
This can be seggeregated into two parts as follows.
OEM's
The OEMs are always in strong position when the bargaining power of buyers is concerned...
displayed 300 characters
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