CEAT, a tyre major announced recently that it has plans to set up a manufacturing plant in Bangladesh at a cost of Rs 250-crore. The company initially plans to have a capacity of 65 tonnes per year and the production will start in FY-13. The total production capacity that is 80% will be of truck [...]
Apollo Tyres Looking to Double Exports to Europe
November 30, 2011 by Leave a Comment
In little over six months Apollo Tyres Ltd will be looking at doubling the export to Europe. The company will be looking at exporting close 1,00,000 pieces a month. Apollo Tryes has recently set-up a facility Chennai which will operate from the terminal capacity. Apollo Tyres Vice-Chairman and Managing Director, Mr Neeraj Kanwar, commented on this [...]
Goodyear Tires appoints Smytka as president
November 16, 2011 by Leave a Comment
Goodyear Tires & Rubber Company has recently appointed Daniel L. Smytka as President for its Asia-Pacific operations. He was appointed by replacing Mr. Pierre Cohade who has reassigned from the company to explore a new opportunity. He will be with the company end of 2011 to assist with the transition. Goodyear tires Chairman, President and [...]
MRF to produce Tyres for Audi and BMW
October 26, 2011 by 2 Comments
MRF Tyres is planning to produce a new range of premium car tyres that will suit the luxury brands including Audi and BMW vehicles in India. At the moment, their tyres are wrapped over on 35 models in India and international vehicles. The new tyres will be out with new technology that would use a [...]
HASETRI completes 20 years of innovation
October 13, 2011 by Leave a Comment
Hari Shankar Singhania Elastomer & Tyre Research Institute (HASETRI) – India’s first and foremost research centre for developing newer and better technologies for elastomers and tyres, celebrated its 20 years of existence and excellence. Smt. Sheela Thomas, Chairman, Rubber Board of India, presided as the Chief Guest in presence of other eminent industrialists and scientists. [...]
Michelin to start manufacturing by November 2012
September 11, 2011 by Leave a Comment
Michelin India has reported that its Chennai facility work is on track and production will start by the November 2012. This is Michelin’s first plant in India and once the production begins, the company predicts to manufacturer 20-million rubber tyres per annum. “Our Chennai plant will begin production by November, 2012. The plant will have [...]
Goodyear develops automatic tyre inflate technology
August 14, 2011 by Leave a Comment
As we have all seen James Bond movie that tyres automatically inflate now it’s time to see that in real action on your cars too. Goodyear have developed a new technology that will enable the tires automatically inflate on its own which will maintain to appropriate air pressure. Mr. Jean-Claude Kihn, Chief Technical Officer, Goodyear, [...]
Goodyear Accorded Superbrand Status
August 3, 2011 by Leave a Comment
Goodyear India Ltd, is one of the world’s leading tyre manufacturers. Goodyear has received great response in India. The company has been awarded the ‘Superbrand’ status at an awards ceremony held in New Delhitoday. The award was received by Mr. Rajeev Anand, Vice Chairman & Managing Director, Goodyear India Ltd. from Planning Commission Deputy Chairman Montek [...]
Continental takes over Modi Tyres for 18.6 million
July 24, 2011 by Leave a Comment
India’s Modi tyres have been taken over by Continental the fourth largest tyre manufacturer in the world. The take over deal is said to be valued at 18.6 million. Modi Tyres Company Ltd said in a press statement that the acquisition of the subsidiary of Modi Rubber Ltd is intended to build up Continentals presence in the [...]
JK Tyre Price Hike On Hold
July 17, 2011 by Leave a Comment
Everyone in the Tyre industry is hiking their prices however JK tyres have a different take on it. The company had announced a price hike of 2-3 % across categories however those price hikes are currently under discussion. A.S. Mehta, director-marketing at JK Tyre said July is going to be a tough month and the [...]
