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REPLACEMENT TYRE DEMAND
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
Steering wheel malfunction in new car leads to accident during family trip; owner fights and wins Rs 18.23 lakh refund, Rs 4 lakh compensation in consumer forumA car buyer has won a significant victory after a nearly three-year legal battle. His seven-month-old MG CVT automatic car experienced Elec...
In 1943, he was trying to solve a World War II crisis, but a failed experiment accidentally created one of the most famous toys ever madeSilly Putty invention: A wartime effort to develop synthetic rubber accidentally led to the invention of Silly Putty. Although the stretchy...
India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
JK Tyre charts Rs 4,900 crore capex to scale up capacity by 24% through FY30JK Tyre has planned a Rs 4,900 crore capital expenditure through FY30 to expand production capacity by nearly 25%. The company reported str...
Iran war saddles global companies with $25 billion bill and countingGlobal companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil pric...
Quality consciousness key to global competitiveness, says consumer affairs secretaryConsumer Affairs Secretary Nidhi Khare urged Indian manufacturers to make quality standards central to operations to strengthen global comp...
Khalistan group claims responsibility for twin blasts targeting Punjab BSF and army bases: ReportPunjab blast: Two incidents rocked Punjab last night. An explosion occurred outside the BSF camp in Amritsar. Shortly after, a scooter caug...
Domestic tyre industry revenue likely to grow 12-fold by 2047: ReportIndia's tyre industry anticipates substantial growth. Revenue could increase twelvefold, reaching Rs 13 lakh crore by 2047. This expansion ...
Tyre industry likely to see 7-8% growth in FY26The Indian tyre industry is projected to grow by 7-8% in the current fiscal year, fueled by strong replacement demand despite slower origin...
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...
Ceat Q3 results: Co reports loss at Rs 20 cr as soaring commodity prices hurt marginsConsolidated revenue grew by 9 per cent year-on-year to Rs 2,413 crore. However, input material costs grew at a much faster rate of 24 per ...
Demand outlook of Indian tyre industry remains favourable: ICRAThe demand outlook of the tyre industry remains favourable and growth in the ongoing fiscal will be aided by a sharp recovery in OEM tyre d...
Replacement market puts JK Tyre in top speedThe company has put capital expenditure on hold as it plans to use the operating cash flow to reduce debt from the Rs 4,368 crore as of Sep...
Tyre demand in FY21-24 may be insufficient to absorb capacities created in current capex cycle: India RatingsThe agency expects that segment-wise, two- or three-wheeler tyre capacities will be utilised 70-75 per cent and passenger car radials by 80...
Ceat Tyres eyes export opportunities for speciality tyres in Europe, North AmericaTyre maker Ceat is looking at export opportunities for its speciality tyres in Europe and North America, and is also exploring new markets ...
Tyre firms upbeat about demand for replacementsTyre makers are upbeat about the demand stemming from the replacement of tyres in the second quarter and reckon that original equipment (OE...
Lower oil prices could put tyre companies on the fast trackApollo Tyres is among the preferred picks because of attractive valuations.
Tyre stocks to benefit from demand revival, low commodity pricesConsider investing in tyre stocks to benefit from an expected recovery in demand, low commodity prices and reasonable valuations.
Replacement demand helps tyre, battery makers buck auto slumpIndustry officials and analysts say the replacement market for components with shorter shelf lives will see a doubledigit growth.