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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.

OTR TYRES | POSITIVE OUTLOOK

India?s growth story in non-urban infrastructure construction and mining is now way beyond green shoots? stage, resulting in accelerated sales and usage of wheeled earthmovers and haulage trucks. For OTR tyres, this obviously translates into big business and adequate space to grow.

CEAT signs agreement

CEAT, one of the leading tyre manufacturers of India and an RPG Group company, recently announced that it is acquiring the CEAT brand from Pirelli & C. SpA for 9 million Euro (Rs 55 crore).