From the tyre-recycling data you shared, it doesn’t appear to be a lucrative business.
Even at 2 million tonnes of annual tyre production, the math — 2,000,000 tonnes × ₹2 × 1% — works out to only about ₹4Cr
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Wow!, its very different when we put it the numbers and calc rather than just reading the million tons and doing mental calculations. I thought it would be a substantial no.
Thanks!
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