Search

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.

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.

OTR Tyre Market Insights

The OTR tyre industry in India is anticipated to exhibit significant growth by 2025, if the government targets to complete all the planned projects within the desired time frame, writes Karan Chechi.

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.

Rolling ahead

The Indian off-the-road (OTR) tyre market is becoming more competitive in the global space with the presence of a mix of national and international players.

RIDING ON INFRA PUSH

Growth in the construction and material handling equipment market has pushed the prospects of small and medium range OTR tyres.

Moving Ahead

OTR tyre market is divided majorly into three segments: mining, construction and industrial equipment, agriculture vehicles and others. Mining, construction and industrial equipment such as loaders, bulldozers, tractors, forklifts, backhoe loaders, cranes, excavators, wheeled loaders, industrial trucks, skid steer loaders, etc

ON THE MOVE

Off-the-road (OTR) tyres are largely used in vehicles, equipment and machinery employed in agriculture, mining, construction and industrial sectors. Consequently, any changes or fluctuations in the said sectors directly influences the growth of OTR tyre market.

On a Positive Note

The 13th International Mining and Machinery Exhibition 2016 (IMME 2016) held during November 16-19 concluded with a positive note on a possible turnaround of Indian mining industry in the coming years. The 13th Global Mining Summit (GMS) 2016 also held concurrently with the IMME 2016.

Digital Edition