Michelin Group’s global reorganization project

Michelin has launched a project for a new organization that would boost growth by adapting its operations to meet the evolving demands of its customers and employees. This new organization is designed to improve the Company’s reactivity and maintain competitiveness,...

Bridgestone retains No 1 slot in global ranking

Global tyre majors Bridgestone, Michelin, Goodyear, Continental and Pirelli have retained their first five positions respectively in the annual ranking of leading tyre manufacturers done by Tyres & Accessories based on full-year 2016 financial results. Sumitomo,...

Apollo Tyres posts 11% growth in net sales

Apollo Tyres reported 11% growth in net sales to Rs 130.6 billion in the year 2016-17(April-March) from Rs 117.4 billion in the same period of the previous year. Net profit stood at Rs 11 billion for the fiscal while operating profit closed at Rs 20 billion. For the...

JK launches BLAZE range of two-wheelers tyres

JK Tyre & Industries Ltd announced the launch of the advertisement campaign for its BLAZE range of two-wheelers tyres. Equipped with built-in hybrid technology, the BLAZE tyres have been developed for premium high performance experience, a trait that has become...

African tyre market forecast to touch $8 bn by 2022

The tyre market in Africa is projected to surpass $8 billion by 2022, according to latest report by Research and Markets. Replacement tyres accounted for the majority share in Africa tyre market over the past few years, and the same trend is anticipated to continue in...

BKT launches new All Terrain Vehicle tyre

Balkrishna Industries Ltd has launched a new tyre–Sierra Max–in its ATV(All Terrain Vehicle) range, specially designed for racing racing vehicles whizzing through muddy areas, deserts, and over rocky surfaces. This tyre features a radial structure enabling...