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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 Government of India has improved the scope of rubber production considerably. Today rubber and rubber related products are established industries in India. The production of rubber and products made of rubber is a large and diverse industry. Rubber industry is an important resource based industry sector in the world. It has witnessed a steady and strong growth over the years. Because of the wide application of rubber in both tires and non-tire applications, the present scenario as well as the future of the rubber industry is tied to the global economy.