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ATMA Annual Convention Turns Spotlight on Tyre Industry -Auto OEMs Partnership.

Posted: January 17, 2018 at 10:16 am   /   Editor's Choice, Featured, National, NEWS, Reader's Choice

The first ATMA Annual Convention, poised to become the flagship event of tyre industry in India, will be held on 7th February 2018 at New Delhi. The theme of first Annual Convention is ‘Tyre Industry Taking India to the World. ‘Having played its well-deserved role as a lead sector of manufacturing, Tyre Industry in India […]

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Yokohama Rubber expanding off-highway tyre capacity in India.

Posted: January 17, 2018 at 10:11 am   /   Editor's Choice, National, NEWS

Yokohama Rubber has announced it will expand production capacity for off-highway tyres by adding new facilities at ATC Tyres, the Indian tyre manufacturing and sales subsidiary of the Alliance Tyre Group (ATG), which it acquired in July 2016. Construction of the new facilities will begin in February at the company’s plant in Dahej, Gujarat, India. […]

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Indian Tyre Industry to Grow at 8% in FY 2018.

Posted: January 17, 2018 at 10:05 am   /   Editor's Choice, Featured, National, NEWS

Despite the weak volumes during the rollout of GST in the first quarter and second quarter, the Indian tyre industry has found itself at a sweet spot with the expected growth of 7-8% i.e., (1,805 lakh tyres) during FY 2018. As per ICRA Limited (ICRA), an independent and professional investment information and credit rating agency […]

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Chinese synthetic rubber imports under investigation in India.

Posted: January 11, 2018 at 9:22 am   /   Editor's Choice, Featured, National, NEWS, Reader's Choice

The Indian government has initiated a probe into alleged dumping of Chinese synthetic rubber, according to local news reports. Gujarat Fluorochemicals has filed an application with the Directorate General of Antidumping and Allied Duties (DGAD), which is part of the country’s commerce ministry, to initiate an investigation into the dumping of Chinese synthetic rubber, which […]

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Apollo Tyres Becomes Principal Sponsor of Chennayin FC.

Posted: December 27, 2017 at 10:09 am   /   Editor's Choice, Featured, National, NEWS, Reader's Choice

Apollo Tyres first made its mark in sports marketing with its sponsorship deal with the renowned Machester United Football Club in 2013. As an outcome of the deal, the brand became well established in the UK and Europe markets and the company went on to sponsor other football teams in Europe like Crystal Palace FC […]

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Pirelli opens second retail store in Gurugram.

Posted: December 27, 2017 at 10:06 am   /   Featured, National, NEWS, Reader's Choice

Italian tyre maker Pirelli today opened its second branded retail store in Gurugram as part of efforts to strengthen its presence in India. “India has huge growth potential for premium tyres and is an important market for Pirelli, therefore we are strengthening our presence by launching these branded retail stores in India,” Sanjay Mathur, General […]

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Tyres-rims

Global tyre volume to reach 2.7 billion units by 2022 – Smithers Rapra.

Posted: December 20, 2017 at 10:19 am   /   Editor's Choice, Featured, International, National, NEWS

The latest market report from Smithers Rapra indicates the global tyre market will continue to adapt to challenges across a complex matrix of tyre types, end uses and regional markets. The report, The Future of Global Tyres to 2022, estimates the market will reach over 2.2 billion units by 2017 with volume growth expected at […]

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Leading Independent retailing group Point S opens its first retail stores in India.

Posted: December 20, 2017 at 8:55 am   /   Automotive, Dealership/ Imports, National, NEWS, Reader's Choice

After the announcement of the launch of Point S in India at the beginning of the year, Point S opened its first branded locations in Ludhiana, Punjab (North) and Kochi, Kerala (South). As a reminder in India, the Point S concept is implemented through Master Franchise Agreements with three regional partners who cover 5 of […]

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Apollo receives patent for special rubber grade.

Posted: November 15, 2017 at 9:01 am   /   Editor's Choice, Featured, International, National, Reader's Choice

Apollo Tyres Ltd. and the Rubber Research Institute of India have developed a special grade of epoxide natural rubber, a new rubber compound for tyres that recently received a patent from the Indian government. The firm said this special grade ENR will replace the more-expensive styrene butadine rubber widely used in high-performance car tyres, including […]

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Apollo Tyres Q2 net profit dives 46%.

Posted: November 15, 2017 at 8:48 am   /   Editor's Choice, National, NEWS, Tyre Industry

Apollo Tyres has reported a 46% drop in consolidated net profit at Rs.140.17 crore ($21.7 million) for Q2, which ended September 30. The company said it was impacted by higher raw material costs. In comparison, the Indian tyre maker posted a consolidated profit after tax of Rs. 259.52 crore ($40.2 million) in Q2 of the […]

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