CONCERNS AND RESULTING TECHNOLOGIES RELATED TO TYRES Indian Tyre industry is one of the biggest contributors of about 8% in India's manufacturing sectors and tyre exports have grown at a CAGR (Compound Annual Growth Rate) of 8% for FY 2019-21. These numbers are surely promising in terms that India's Tyre Industry is and will be growing rapidly. But, the most sought-after concern for India has always been negligence of people towards road safety, which are causes of many tyres related issues.
From the time vehicles were invented, tyre has been a crucial part of it. When it comes to safety, tyres play a major role in restricting the movement of the vehicle.
The brakes stop the wheels, not your car! Even in the wake of being a crucial component of vehicle, its significance is often ignored by the people. Road accidents are an issue of worldwide concern. Globally, road safety is revolving around the statistics of the number of crashes and their consequences in terms of deaths, serious injuries and economic loss to nations.
National Crime Records Bureau (NCRB) deliver the records which state 140,000 people to be killed in unfortunate road crashes in 2015. The records state an estimation mark of 2 million people who were injured in road crashes across India in the year 2015.
In 2019, 151.42 thousand individuals lost their lives in street mishap and most of them were victims of tyre explosion. The World Health Organization (WHO) and the World Bank estimates that this number could grow by 67% until the year 2020 if nothing is done to limit the impact.
Statistical data deliver that more than a million people die due to road accidents every year globally. Aiming to reduce fatalities by 50 per cent, the United nations has announced 2011-2020 as the 'Decade of Action for Road Safety'. UN identified five pillars to achieve this target.
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