- Statement I is false: India is a producer, consumer, importer, and also an exporter of natural rubber, although exports are generally much lower than imports and domestic consumption. Saying India "does not export" natural rubber is incorrect. - Statement II is true: Based on data from around the early 2000s (the likely period this question is from, e.g., 2004 Prelims), India's domestic production of natural rubber met approximately 97% of its total demand. For instance, in 2002-03, production was around 6.94 lakh tonnes and consumption around 7.14 lakh tonnes, meaning production met about 97.2% of consumption.