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DATA ANALYSIS OF

MANUFACTURE OF RUBBER
PRODUCTS (251)
DEPT--GLOBAL
Shubham Mohan Bajpai (11)
Subham Kumar Das (12)
Vivek Chandra Singh (13)
Vivek Singh (14)
Gaurav Gandhi (15)
INTRODUCTION
Rubber is product that is known for its
elastic property. Rubber is an
established industry in India. Rubber is
a frequently used material today. It is
known for its elastic properties. Rubber
can be of two types; natural and
synthetic. Rubber is naturally produced
by rubber plants that can be obtained
and it can also be produced
synthetically. Rubber industry in India
was introduced by the British for
commercial cultivation but the Govt. of
India has improved the scope of rubber
production considerably. Today rubber
and rubber related products are
established industries in India.
PRESENT STATUS IN INDIA

With around 6000 unit comprising 30 large


scale, 300 medium scale and around 5600
SSI/tiny sector nits, manufacturing 35000
rubber products, employing 400 hundred
thousand people, including around 22000
technically qualified support personnel, with a
turnover of Rs.200 billions and contributing
Rs.40 billions to the National Exchequer
through taxes, duties and other levies, the
Indian Rubber Industry plays a core sector role
in the Indian national economy.
INDIA AND THE WORLD

•India is third largest producer.


•India is the world's largest manufacturer of
reclaim rubber.
•Fourth largest consumer of natural rubber.
•Fifth largest consumer synthetic rubber
together in the world.
•The plantation sector with an estimated
production of over 630 hundred thousand tones
of natural rubber.
SCOPE OF RUBBER INDUSTRY
IN INDIA
•An extensive plantation sector Indigenous
availability of the basic raw materials, like
natural rubber, synthetic rubber, reclaim rubber,
carbon black, rubber chemicals, fatty acids,
rayon and nylon yarn and so on.
•A large domestic market.
•Availability of cheap labor.
•Training facility in various technical institutes.
•On-going economic reforms.
•Improved living standards of the masses.
RUBBER PRODUCTS

Some of the rubber products


are :
•Tyres & Tubes
•Latex Product
•Stationary
•Covers
•Sheets
•Footware
•Heat Absorbing Materials
•Pharmaceutical Good etc.
RUBBER INDUSTRY

Some of the Indian Rubber Firms


are :

•Ailga Rubber Works


•Arasu Rubber Corporation
•B P Chemical
•Cochin Rubber
•Finix Rubber
•Jonson Rubber
•Nataraj Rubber
•Latexmst
REGRESSION TABLE
REGRESSION OUTPUT
ANALYSIS
Cobb douglas production function

Q = A Kalpha Lbeta
Log Q = Log A + Alpha Log K + Beta Log L
T1 T2
Log Q = 2.014 + 0.853K + (-0.065L)
10.95 (-0.14)
Alpha + Beta = 0.853 + (-0.067) = 0.79 < 1
So, It’s a “Decreasing Return To Scale”.

R Square = 0.9877
So, It shows that Production Function is very
“Efficient”.
T Value of Fixed Cost = 10.9472
So, It shows that the accuracy level is >99%,
which conclude that it’s “Highly Significant”.

T Value of Labors = - 0.1380


So, It shows that the accuracy level is <90%,
Which conclude that it’s “Insignificant”.
NET VALUE ADDED GRAPH
FIXED CAPITAL GRAPH
LABOUR GRAPH
FORECAST GRAPH
SUGGESTION

Rubber Industry is not performing well, as we came


to know with the analysis of the all the available
variables, but with the more significant utilization of
labor and capital, especially proper utilization of
labor can recover the condition of rubber industry.
Another thing which I suggest, that top level rubber
companies should consult this matter together and
try to find a absolute solution of the problem.
THANKING YOU

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