Tyremakers In India

Continental Tires launch ContiSeal tyres with anti-puncture technology

The tyre has self-sealing technology that automatically seals 85 per cent of tread punctures caused by objects up to 5 mm in diameter, such as nails or screws

Bridgestone appoints Hiroshi Yoshizane as head of India operations

Japanese tyremaker Bridgestone on Monday announced the appointment of Hiroshi Yoshizane as its new Managing Director for India. He succeeds Stefano Sanchini, who will be moving into the role of VP of Consumer Replacement for Europe, Bridgestone India said. Yoshizane, who moves to the new role from Bridgestone Japan, is the third MD of Bridgestone's India operations in a little over one year. Sanchini had in January last year assumed the position from then-incumbent Parag Satpute. Earlier, Yoshizane served as executive vice president of solution business, retail, and service business in Bridgestone Tire Solution Japan Co Ltd, the company said. "India is a strategic, evolving, and growth market for Bridgestone, with a unique set of opportunities and challenges, as the country's automotive sector is poised for major advances both in terms of numbers and technology," said Yoshizane. The development follows Bridgestone Corporation's recent announcement regarding the global reorganisat

Tyremaker Goodyear India posts 40% jump in Q2 profit on subdued input costs

Poor monsoons have made commercial vehicles such as tractors less affordable for India's rural population, hurting automakers and auto-ancillary companies

Yokohama bets on local production for sustainable business in India

Japanese tyre maker Yokohama is betting on local production in India for a "sustainable and competitive" business model in the country, according to a top company official. Yokohama Rubber company, which is present in the country through a wholly-owned subsidiary, is coming up with a new plant in Visakhapatnam in addition to its existing plant in Bahadurgarh, Haryana. In an interaction with PTI, Yokohama India Managing Director and CEO Harinder Singh said the company can manufacture tyres of up to 18 inches in diameter within the country and has plans to extend this capability to accommodate tyre sizes of up to 22 inches, to cater to the demand for bigger-sized tyres. "While we still import certain high-end tyres, like run-flat tyres commonly found on luxury vehicles from our overseas manufacturing bases, our commitment to localising production in India is unwavering," he added. Singh said the company supports the government's decision to ban tyre imports into the country. "Yokoha

Tyre makers' capital expenditure to rise to Rs 5,000 cr in FY23: CRISIL

The report is based on the analysis of the top six domestic tyre makers, who account for 80 per cent of the Rs 75,000 crore of the sector, CRISIL said

Japanese tyre maker Bridgestone rejigs India operations

Japanese tyre major Bridgestone Corporation on Tuesday announced organisational changes in its Indian operations, with Rajarshi Moitra to become Chief Commercial Officer and Sunil Puri appointed as Head of Sustainability.

Persistent increase in commodity prices to hurt margins: Apollo Tyres

Firm says it needs 20-25 per cent price hike to offset increase in input costs

Michelin names Gaganjot Singh as head of Africa, India & Middle East region

French tyre major Michelin on Monday said it has appointed Gaganjot Singh as the President of Africa, India and the Middle East region

Tyremakers in India line up aggressive capacity expansion plans

Fuelled by a record two-wheelers and truck volumes, automobile sales in India have been expanding at a brisk pace month-on-month