Para rubber vs India rubber

Para rubber and India rubber both are nouns.

Word	Noun	Adjective	Verb	Adverb
Para rubber	Yes	No	No	No
India rubber	Yes	No	No	No

As nouns, India rubber is a hypernym of Para rubber; that is, India rubber is a word with a broader meaning than Para rubber:

Para rubber: a type of natural rubber obtained from tropical South American trees
India rubber: an elastic material obtained from the latex sap of trees (especially trees of the genera Hevea and Ficus) that can be vulcanized and finished into a variety of products

Other hypernyms of Para rubber include caoutchouc, gum elastic, natural rubber, rubber.

Para rubber (noun)	India rubber (noun)
a type of natural rubber obtained from tropical South American trees	an elastic material obtained from the latex sap of trees (especially trees of the genera Hevea and Ficus) that can be vulcanized and finished into a variety of products