Tyre industry: review of regional trade agreement needed

Tyre industry: review of regional trade agreement needed

Sep 4, 2014

The country’s auto industry is poised for a recovery with most auto makers reporting robust sales which have raised the demand for imported rubber. In India, import of natural rubber seems to be inevitable due to the huge gap between domestic production and consumption. The local industry wants the government to revisit the regional trade agreements...

Celebrating 125 years: Michelin and product innovation

Celebrating 125 years: Michelin and product innovation

Aug 29, 2014

Michelin’s success strategy is based on leveraging technology to differentiate its range of tyres and services in the world market. Innovation is the key for the French company, now in its 125th year, and has made many significant contributions to the auto industry with its relentless pursuit to achieve sustainable mobility through constant product...

Tyres: their role in road safety

Tyres: their role in road safety

Aug 25, 2014

Tyre design and use are important factors that contribute to road safety. Various parameters of this vulcanised wonder need to be taken into consideration while coming up with an efficient and safe design. The tyre tread and pressure play a crucial role in deciding the wet grip, rolling resistance and safety. In India, there is neither adequate legislation nor...

The Indian replacement tyre market

The Indian replacement tyre market

Aug 20, 2014

Nearly 75 percent of India’s tyre market is the aftermarket tyre market. The volume of the replacement tyre market per year is about 14 million units—10 million bias and 4 million radial tyres. In India, real-money comes from this market for the domestic tyre companies. At the international level, the global tyre majors and OEMs have longstanding...

AITDF draws government’s attention to ‘arbitrary’ tyre pricing

AITDF draws government’s attention to ‘arbitrary’ tyre pricing

Aug 19, 2014

While sales of passenger cars have dwindled in the last two years, demand for two-wheelers has been on a constant rise. Since the demand of exports of these tyres has been given top priority by the domestic tyre majors, domestic tyre manufacturers are grappling with the exorbitant and arbitrary pricing of these tyres. How soon will the central government look...

Quasquicentennial celebrations for Michelin

Quasquicentennial celebrations for Michelin

Aug 13, 2014

Edouard Michelin said, “For Michelin, sustainable development means effectively fulfilling all our responsibilities.” The global leader in tyre manufacturing, Michelin, celebrates 125 years of technological evolution and serving the society by improving the quality of life. Michelin realises that the future will need a growth model that protects the...