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The OTR segment should experience a good rebound

Anuj Kathuria, President – India, JK Tyre & Industries

Driving Innovation

OTR tyre innovation is transforming India’s mining and construction industries.

OEMs are preferring radial tyres in the mining segment

Bridgestone India offers premium range of commercial and industrial tyres for all types of terrain and vehicles. Rohit Mathur, Head Strategy, OTR and Communications, Bridgestone India, speaks on the current state of OTR tyre manufacturing industry in India.

The growth trend of radial tyres in OTR has been steadily rising

BKT Tires is one of the leading manufacturers in the off-highway tyre market, specialising in the manufacture of tyres for agricultural, industrial and OTR vehicles. Ashok P Chhajer, Sr. General Manager – OE Sales, (Domestic), Balkrishna Industries, speaks on the key challenges and opportunities in the market

Innovation is one of the key pillars of our company.”

Persevering on the path of progress since its inception in 1997, Trident has been the specialist in design, development and distribution of industrial tyres and tracks. Shyam Gyanani, Co-Founder and Executive Director, Trident International, speaks on the current state of OTR tyre manufacturing industry in India.

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.

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.

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