Apollo gets ‘Business Partner of the Year’ Award

Mahindra & Mahindra (M&M), one of the largest vehicle manufacturers by production in India, and world’s largest tractor manufacturer, recognised Apollo Tyres with ‘Business Partner of the Year’ award at a recently held annual supplier’s meet. Apollo Tyres has...

BKT launches tyres for recycling operations

Balkrishna Industries Ltd (BKT) has developed four special tyres that are ideal for being fitted on loaders and material-handling equipment in the recycling sector. The new tyres — BK-Loader 53, Earthmax SR 43, Earthmax SR 53 and Earthmax SR 55 — are...

Bridgestone gains from its sustainability initiative

Bridgestone Corporation claims to have made impressive gains from its sustainability initiative. In the Bridgestone Group’s Sustainability Report 2016 released recently, the company says that last year its tyres’ rolling resistance was on average 13 % lower than in...

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...