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 […]
tyres
Michelin launches new MTS Store in Mumbai
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 […]
CEAT Chennai Plant: Setting the Standard for Smart and Efficient Tyre Manufacturing
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 brace for second year of single-digit revenue growth
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 partners with Vertelo to provide comprehensive mobility solutions for EV fleets
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 Announces Winners of 4th Edition of Mobility Social Impact Awards
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 inaugurates new Truck Bus Radial Line at Chennai Plant
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 […]
APAC automotive tyres and wheels market to expand at 1.7% CAGR over 2024-29: GlobalData
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 […]
The Evolution of a Tyre Business: An Interview with K. Durairaj
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 […]
JK Tyre launches new range of next-gen tyres for CVs
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 unveils new CV tyre X Multi Energy Z+
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 […]
Apollo Tyres FY24 net profit up 65%
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 […]
Apollo Tyres partners with NATRAX to develop cut and chip test track for EVs
Apollo Tyres has announced a significant partnership with NATRAX, a leading provider of testing and validation services, to establish the first of its kind test track in India, specifically designed to validate tyres for Electric Vehicles (EVs) and low rolling resistance tyres. This collaboration aims to provide a dedicated testing facility for EV manufacturers, enabling them to […]
Yokohama Rubber breaks ground for new passenger car tire plant in Mexico
The Yokohama Rubber Co., Ltd., announced that it recently held a groundbreaking ceremony on April 15 ahead of the start of construction of its new passenger car tire plant in Mexico. The ceremony was attended by many local government officials and representatives from the local community, including Coahuila Governor Manolo Jiménez Salinas and Saltillo Mayor […]
JK Tyre expands retail presence, inaugurates 92nd Brand Shop in India for Trucks
Indian tyre industry major and market leader in Radial tyre segment, JK Tyre & Industries Ltd inaugurated its 22nd brand shop in Tamil Nadu thereby further expanding their last mile presence in the country. The one-stop solution brand shop – Hindustan Tyres was inaugurated by Mr. Sanjeev Sharma, Vice President – Mobility Solutions & Fleet Management, JK Tyre & Industries Ltd. along with other senior officials of […]