Apollo Tyres Ltd for the first time showcased radial tyres for the backhoe loaders, Apollo Terra Pro 1045, and another all-steel radial tyres for defence applications and multipurpose trucks, Apollo Terra MPT 1, at the Bauma ConExpo India 2024, an international trade fair for construction machinery, building material machines, mining machines and construction vehicles. The Apollo Terra […]
Indian tyre major and pioneer of OTR tyres, JK Tyre & Industries, today launched its latest innovation in Off-the-Road (OTR) tyres, designed specifically for the mining sector at the Bauma Conexpo 2024 India, further strengthening its comprehensive OTR portfolio. The new offerings include, 17.5-25 VEM 63 L5 for wheel loader, 16.00-25 VEM 99D E3 for Wide Body Dump Truck, 12.00-24 VEM SMOOTH L5S for Load Haul […]
CEAT, a leading tyre manufacturer, today announced the appointment of Debashish Roy as the Chief Digital Transformation Officer, effective December 2, 2024. This strategic leadership addition marks a significant step in CEAT’s commitment to accelerating its digital transformation journey. Debashish Roy will report to Mr. Amit Tolani, Chief Executive of CEAT Specialty, and will play […]
Eurogrip Tyres, India’s leading 2, 3-wheeler and off-highway tyre brand, has signed up legendary cricketer M S Dhoni as its brand ambassador. Known for his dependability, performance and passion for riding, M S Dhoni’s values resonate with Eurogrip Tyres’ vision of empowering riders with control and confidence on every journey. Eurogrip Tyres and M S Dhoni […]
Michelin, the world’s leading tyre technology leader, today announced the launch of its new Michelin Tyre Service (MTS) store in Navi Mumbai. Developed in partnership with NX Sanghi Tyres, the store is located in Sector 6, Kharghar, Navi Mumbai. Spanning an expansive 2000 sq. ft., this next-gen facility is designed to redefine customer experience by […]
In today’s rapidly evolving industrial landscape, sustainability and efficiency have become the cornerstones of modern manufacturing. CEAT, one of India’s leading tyre manufacturers, has taken significant strides toward setting new benchmarks in both areas. At the heart of this transformation lies the CEAT Chennai plant, a facility that blends cutting-edge technology with a strong commitment […]
Tyre makers are likely to see revenue growth of 7-8% this fiscal, driven by a 3-4% increase in both realisations and volume. Revenue will grow in single digit for the second straight year (albeit nearly double that of last fiscal) and after logging a compound annual growth rate of 21% between fiscals 2021 and 2023. […]
JK Tyre & Industries has entered into a long-term partnership with Vertelo to provide its ‘Connected Mobility Solutions’, a first-of-its-kind cloud-based monitoring system. Vertelo is a bespoke electric mobility solutions provider, designed to make fleet electrification an easy transition. Through this partnership, JK Tyre will be providing the brand’s new generation EV tyres – 255/70R22.5 JUXe equipped […]
Bridgestone India has announced the winners of the 4th Edition of the Mobility Social Impact Awards in Pune at a ceremony attended by industry leaders and social change-makers. Mobility Social Impact Award (MSIA) is an initiative aimed at recognising and celebrating innovative mobility solutions transforming India’s landscape. The winners were awarded a cumulative prize of Rs. […]
CEAT, India’s leading tyre manufacturer, today announced the inauguration of it’s best in class Truck Bus Radial (TBR) production line at their Chennai manufacturing plant. The new line will progressively reach a production capacity of 1500 tyres daily over the next 12 months and marks a significant milestone in CEAT’s drive to expand its footprint […]
Due to the increasing number of vehicles produced, constant technological advancements and innovations, the market volume for tyres and wheels has grown significantly over the years. However, as the innovations made tyres sturdier and reduced the occurrence of flat tyre scenarios, the demand for spare wheels has decreased, negatively impacting the sector and lowering the […]
In the dynamic world of the tyre industry, staying ahead requires not just knowledge of the latest trends but also an ability to adapt and innovate. Mr. K. Durairaj, with his 45 years of experience, embodies this spirit of resilience and forward-thinking. Starting with a humble beginning of selling used tyres, Durairaj has navigated through […]
Indian tyre major and leader in truck & bus radial tyres, JK Tyre & Industries, has introduced an advanced range of tyres designed to meet the evolving needs of the transportation sector. JK Tyre plans to further strengthen their Truck & Bus Radial range with four new variants: JETWAY JUM XM, JETWAY JUC XM, JETSTEEL JDC […]
Michelin, the world’s tyre technology leader, today announced the launch of its most fuel-efficient truck and bus tyre, the MICHELIN X Multi Energy Z+, for the Indian market. This latest line of made-in-India tyre is specially engineered for Indian road and load conditions and also takes into account the growing demand for fuel-efficient tyres by […]
The Board of Directors of Apollo Tyres Ltd has approved the company’s audited financial results for the fourth quarter (Jan to Mar) and the financial year 2023 – 24. The Board recommended a dividend payout of Rs 6.00 per equity share (600%), on face value of Re 1 each for FY24, subject to the approval of the shareholders […]