Michelin to roll out locally-produced PV tyres this year; aims to ramp up portfolioFrench tyre giant Michelin plans to start production of passenger vehicle tyres from its Chennai facility this year. The company is investi...
30 Mar, 2025, 12.16 PM IST
Looking at import continuity for PV tyres till production ramps up at Chennai plant: Michelin CEOMichelin seeks to extend its import license for passenger vehicle tyres in India as it develops local production in Chennai. The company is...
26 Mar, 2025, 04.55 PM IST
Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: IcraDomestic tyre sale volumes are expected to see a moderate growth of 4-6 per cent this fiscal after witnessing an estimated pace of 6-8 per ...
09 May, 2024, 04.16 PM IST
CEAT looks to grab opportunity in replacement tyre market growth fuelled by PV salesTyre maker CEAT Ltd aims to capitalize on the growth in passenger vehicle sales in India, expecting a boost in demand for replacement tyres...
28 Jan, 2024, 11.33 AM IST
Construction, PV segments to boost tyre industry: JK Tyre CMD Raghupati SinghaniaTo ride on the momentum, the market leader in truck and bus radial tires is embarking on an expansion. It has planned a capital expenditure...
22 Dec, 2023, 11.49 AM IST
Demand for bigger cars accelerates sales of wider tyresThe demand for wider tires with larger diameters of 18-22 inches has increased since 2020 as the popularity of SUV and MPV vehicles in the ...
24 Jul, 2023, 12.34 AM IST
Apollo Tyres expects to meet $5-billion revenue target by 2025-26Satish Sharma, President (Asia Pacific, Middle East and Africa), Apollo Tyres, told ET that adoption of electric vehicles (EV) is expected ...
02 Aug, 2022, 12.35 AM IST
Apollo Tyres gears up to meet demand from promising EV segmentThe tyre major is already in discussions with multiple OEMs in India to supply these tyres for the electric vehicles, and will be targeting...
01 Aug, 2022, 04.48 PM IST
Apollo Tyres’ FY26 goals look ambitious amid cost headwindsThe domestic operations are expected to contribute around $3-3.5 billion to the target revenue, while the European market will account for ...
23 Jun, 2022, 06.25 AM IST
Domestic demand for tyres to grow 7-9 pc this fiscal: ICRATyre industry revenues (consolidated for ICRA's sample of tyre manufacturers) continue to breach record high levels supported by a growth i...
21 Apr, 2022, 05.35 PM IST
Tata Power partners with Apollo Tyres to deploy electric vehicle charging stationsTata Power has a presence across all the segments of the EV charging ecosystem and has deployed all types of chargers - DC 001, AC, Type2, ...
03 Feb, 2022, 02.03 PM IST
Apollo Tyres Q2 results: Co posts consolidated net profit at Rs 174 crRevenue from operations in the second quarter rose 18 per cent to Rs 5,077 crore as against Rs 4,295 crore in the year-ago period, Apollo T...
30 Oct, 2021, 12.41 AM IST
Market share expansion will be key to CEAT’s future growthTo protect profitability, the company has raised product prices and has plans to reduce costs through higher process efficiency.
13 Jul, 2021, 06.21 AM IST
Kerala floods may wash away tyre companies' profitabilityIndia Ratings said that the margin of tyre companies is likely to shrink by 1.5-2 per cent.
27 Aug, 2018, 04.05 PM IST
JK Tyre valuations extremely cheap; buy PNC Infratech on declines: Mayuresh JoshiPNC Infratech PNC has an order book of around Rs 3,450-odd crore., which gives it revenue visibility over the next six to eight quarters., ...
04 Jul, 2015, 11.00 AM IST
Tyre industry to grow by 8% in FY2014-15: ICRARating agency, ICRA expects the Indian Tyre industry to grow by a CAGR of 11%-12% during the next three years (2014-17) with revenues of Rs...
17 Sep, 2014, 12.10 PM IST
- The revenue share for Apollo Tyres from India will come down substantially : Mayuresh Joshi
The management is pretty confident that the operational synergies would result into an $80 million kind of a saving but only time will tell...
13 Jun, 2013, 11.18 AM IST