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CEAT expands truck service hub footprint in India

CEAT Limited has announced the inauguration of its largest truck service hub in Gandhidham.

Entering an era of transformation

Off-the-road tyre manufacturers and suppliers are facing brand-new difficulties as a result of technological advancements and evolving end-user needs that are pushing the market into uncharted terrain.

We introduce around 80- 90 new products every year

Ashok Chhajer, Senior General Manager – OE Sales, BKT Tires, speaks on the current market size of OTR tyres for the mining segment in India, and outlook on the OTR tyre market beyond 2022.

On The Roll

The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.

OTR tyre market has bright prospect

India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.

OTR tyres on the move

With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.

Coal mining is expected to drive demand

PK Ganguly, Head – Marketing (Domestic Sales), Balkrishna Industries, shares his thoughts on the market scenario and how the company is gearing up to meet the growing demands in the market.

On revival Path

In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.

We aim to grab 25 per cent market share in five years

ATG has wide range of radial OTR tyres for loaders, graders, dumpers etc and we see a very good response from the market. Harinder Singh, President - APAC, Alliance Tire Group (ATG), elaborates on the market scenario and company's plans.

Mobilising growth

Tyres are important components of a vehicle or machine for making it mobile. When we think about tyres, the first thing coming into our minds is a vehicle. Automobile is the largest user of tyres.

Acceptance of all steel radial tyres is increasing

Tread compound, tread design and casing quality highly influence tyre performance as well as machine productivity. CEAT OTR tyres have a wide variety of tread compounds, customised for specific application.

We are extremely bullish on OTR segment from a long-term perspective

Historically speaking, specialty definition for us is OTR tyres for both India and international markets, while for agriculture, it is only international. Indian agriculture is not treated as part of specialty business, for various reasons. We came out with our first specialty tyre in early 1980s starting with the port segment.

OTRs Rolling On

OTR tyre industry has evolved over the years because of the infrastructure development and the construction activities happening as a consequence. Off late, owing to Prime Minister?s vision of Make-in-India, the OTR tyres

Gaining Momentum

A renewed thrust on coal mining, coupled with plans to implement more projects in various infrastructure segments at a faster pace has rekindled the growth prospects of tyre industry in India. Major tyre manufacturers are busy introducing innovative products and scaling up volume to meet the expected demand in the future.

We have the widest range of solution for OTR activity

The OTR segment, which includes industrial, construction and earthmover verticals, is pegged around at Rs 2,000 crore and this segment is expected to grow further. There are some activities in the coal sector; over 30 blocks have already been auctioned. We are expecting some activities to happen in Goa and Karnataka on the mineral front.

Advantage Radials

Radial-ply tyres offer a distinct advantage over bias-ply tyres. They may cost more, but they offer better productivity, higher cost savings, and comfort, writes Bhushan Mhapralkar. Earthmoving and construction equipment operate in a different environment from that of an automobile.

We expect the benefits of radial technology to generate an increasing demand.

The radial tyres developed by Michelin reduce machine downtime, increase productivity on loaders by providing better grip and decrease fuel consumption by 5-6 per cent on an average. One can easily imagine what can be the impact on the fuel bill for large fleets, says Harkesh Jaggi, Commercial Director Earthmover and Industrial Tyres, Michelin India. Excerpts of the interview.

There is a huge opportunity for radials in OTR.

We have the capacity and infrastructure ready for radials in OTR segment. But can we offload the entire capacity is a big question. Once the answer is affirmative then there will be no looking back. S Sengupta, Head OTR Business, JK Tyre & Industries Ltd, speaking with Sudheer Vathiyath.

Total availability of radial tyres in the country is supporting the demand.

Continental is betting big on the growth in India. With infrastructure development activities rising in the country, radialisation is also on the rise. Rajeev Kumar Agarwal, Director Sales and Marketing, Continental India, shares his perspectives with Garima Pant about the growth of radialisation in the country. Excerpts of the interview.

We plan to increase our capacity of radials to 30,000 tpa.

The demand for bigger size radials in mining sector is increasing. As the capacity of the machine is growing, the tyre size is also growing and Balkrishna Industries Ltd (BKT) the leading radials manufacturer in OTR segment-is gearing up to introduce bigger size radials in future. Rajiv Poddar, Joint Managing Director, BKT, shares his views on the market trends in radials with Sudheer Vathiyath. Excerpts of the interview.

We will increase the value of our OTR tyre by developing the quality of our service.

Our goal is not just supplying the OTR tyre but providing the additional value for the custo?mers on top of the OTR tyre supply, says Tomio Fukuzumi, Managing Director, Bridgestone India, in an interview with Sudheer Vathiyath. Excerpts from the interview.

Big potential but little growth

The tyre industry is capable of taking all challenges in its stride. However, the industry is asking for a level playing field with its counterparts in China and other countries.

Anti-dumping duties on cheap and dumped tyres need to be more stringent

Ever since liberalisation, the Indian tyre industry has shown its mettle and has progressed rather rapidly against all odds. The industry is capable of taking all the challenges in its stride. However, the industry is asking for a level playing field with its counterparts in China and other countries,

Providing tailor-made solutions

Apollo Tyres believes in providing tailor-made solutions rather than creating general application products. OTR tyres have huge potential but the current economic conditions indicate a moderate growth this year.

We believe in keeping ahead in all endeavours, including competition.

The competition is growing across the world. Even from India the other tyre companies are following BKT's activities very closely," says Arvind Poddar, Chairman & Managing Director, BKT. Excerpts from the interview.

Our new launch will be a 49" meant for the 100-110 T dumpers

We have very big plans for the OTR segment. As the payload and speed of the vehicles are increasing, the demand for big-sized radials is also on the rise; and we have taken the right step to meet the demand.

We export tyres to over a hundred countries in the world

CEAT is one of India?s leading tyre manufacturers and has a strong presence in both the domestic and international markets. The company manufactures over ten million tyres every year and enjoys a major market share in the light truck and truck tyre

Fit-to-Application Policy

From a turnover of $2 billion in 2011-12, Apollo Tyres is moving forward with a target of $6 billion by 2016. Apollo has a strong range of OTR tyres with products in both small and the large OTR segment.

Technology and R&D form the pillars of our growth strategy

?Considering the rapid pace of growth of ?radialisation? across product categories, we are investing heavily in expanding our capacities, both at existing locations and at the new green site location near Chennai,? says AS Mehta, Marketing Director, JK Tyres.

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