Tyre Manufacturers in India
Tyre Manufacturers in India
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A tyre is considered original equipment in automobiles of all kinds. Therefore, it is only natural that the fortunes of the tyre manufacturers in India are linked to the automobile industry.
Several financial studies have indicated a sharp revival of consumer demand for tyres from 2022 onwards. Nand Motors is one the best distributor in Noida. Nand Motors provided the best Tyre Showroom in Noida. The tyre manufacturers in India have been waiting eagerly to overcome the adverse effects of the Covid pandemic since March 2020. Rising income levels in urban areas, healthy rural cash flows due to normal monsoons and a preference for personal vehicles will drive double-digit growth in the tyre sector in the next few years.
1. MRF Limited
A makeshift toy balloon factory in 1946 in Chennai (Madras then) is the origin of today’s behemoth, MRF tyres. Changing track to manufacture tread rubber in 1952 marked the first foray of the company into rubber and subsequently, tyre business.
Today, MRF has a network of over 5000 channel partners. MRF has ten manufacturing plants and a significant export presence, with its products sold in over 60 countries globally. The product range covers all segments, from passenger car tyres, trucks and buses to two-wheelers. MRF is also the primary supplier of tyres to tractors/farm machinery and OTR vehicles.
Apart from tyres, the company also has a foothold in toys, paints and special coats, retreads and sports goods businesses. The company is passionate about sports, and the involvement with motorsports is evident in racing, rallying and other events. In addition, the MRF Pace Foundation is a leading cricket academy for young fast bowlers. Therefore, it is not just business alone that has made MRF the top tyre brand in India!
2. Apollo Tyres Ltd
The Gurgaon-headquartered company was founded in 1972. Apollo quickly made a mark in the country's tyre market through its focus on quality.
A front-level tyre company, Apollo has a significant presence internationally and has manufacturing facilities in Hungary and The Netherlands. In addition, the company's overseas offices are located in several European and Asian countries.
3. JK Tyres & Industries Ltd
JK Tyres, the flagship company of the JK Organization, has over four decades of experience in the tyre business. Among the pioneers of radial technology (in tyres), the company produced its first commercial radial tyre in 1977 for the truck/bus segment.
The company is credited with launching India's first-ever smart tyre technology, TPMS. Sensors placed inside the tyre monitor tyre health through temperature and pressure.
4. CEAT Limited
Founded in Italy in 1924 as an electrical cable company, CEAT has been in India (Mumbai) since 1958. The RPG Group took over in 1982.
CEAT, like other top tyre manufacturers in India, produces a whole range of products catering to the passenger car, heavy commercial vehicles, LCVs, two-wheelers, tractors, bicycles and OTR segments. CEAT products are available in over 75 countries globally, and the company partners with about 40 OEMs.
5. Goodyear India Limited
The original US company has been in India for over 90 years. With two plants at Ballabhgarh (Haryana) and Aurangabad (Maharashtra), Goodyear caters mainly to the passenger car and the tractor segment. With a turnover of over Rs. 2000 Crores in FY 20, Goodyear is among the leading tyre manufacturers in India.
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