Tyre Majors Show Interest in India Production
A number of global tyre majors are making their presence felt in India’s tyre market, a market valued by the Business Standard financial newspaper at Rs 190 billion (≤2.44 billion).
Indian Manufacturers Expanding TBR, OTR Production
JK Tyre, India’s first radial truck tire manufacturer, has responded to moves from other manufacturers to join this sector by boosting capacity at its facility in Mysore, southwest India, from 370,000 to 500,000 tyres per year, a target that will be met in 2009.
Tyre Majors Plan Big Investments This Year
(Hindu Business Line) After nearly a decade, the Indian tyre manufacturing sector is set to commit major investments towards capacity expansion in 2008.
Exhibitors Backing Tyrexpo Africa ’08
(Douglasdale, South Africa/ SA Treads) The second staging of southern Africa’s only dedicated exhibition for the professional tyre and equipment sector is set to make a big impact when it comes to town at the Sandton Convention Centre next March 4-6.
India Tire Majors on Expansion Drive
(Akron/Tire Review – India Economic Times) Indian tire companies are on a roll with a massive Rs 5500 crore expansion drive to meet rising demand from the auto industry.
Indian, Chinese Tyremakers to Target African Mining Market
(Staffordshire, U.K./Tyres & Accessories) The influence of Chinese and Indian tyre manufacturers on the southern African market for OTR, mining and quarrying tyres is set to grow substantially, according to the organisers of the Tyrexpo Africa 2008 exhibition.
Up Close and Personal with Dunlop
(Douglasdale, South Africa/SA Treads) April marked the end of an era. Industry icon Pierre Dreyer, outgoing managing director of Dunlop Tyres SA and Mike Hankinson, CEO, officially announced their joint retirement from Dunlop and the tyre industry as a whole, in a move that will see them pursuing new business ventures and personal aspirations in the months and years to come.
Ceat Identified as Strong in OTR Sector
(Staffordshire, U.K./Tyres & Accessories) The online stock broking firm India Infoline has recommended Ceat Ltd. as a recommended buy only a day or so after making a similar recommendation regarding Apollo Tyre.
SA Tyre Distribution Faces Its Biggest Challenge Yet
(Douglasdale, South Africa/S.A. Treads) When I first joined the tyre industry in the late 1980s, it was a booming trade.
One-On-One With Claudio Boezio of Continental
(Douglasdale, South Africa/Southern Africa Treads) When we first met Claudio Boezio in early 2005, he had just assumed responsibility for Continental Tyre SA in his role as MD.