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What are the latest innovations in the OTR tyres segment?

CW speaks to experts to understand new trends in the tyre market.

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.

Soon there will be a trend of electrification in CE

Shyam Gyanani, Co-Founder and Executive Director, Trident International, speaks on the company’s offerings for the mining segment, and the USPs of these products.

Electric Construction Machinery on the Rise

Electric machinery often requires less maintenance and has a longer lifespan compared to its diesel counterparts, making them a more cost-effective solution in the long run.

Sooner there will be a trend of electrification in construction equipment

Shyam Gyanani, Co-Founder and Executive Director, Trident International, speaks on the company’s offerings for the mining segment, and the USPs of these products

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.

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.

Radialisation is the future

BKT is the one of world's leading tyre manufacturers that is fully dedicated to off-highway tyre manufacturing.

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

We are investing to further improve our product aesthetics

The KION Group recently made news when its Indian forklift truck brand, Voltas, announced joining forces with the long-established Italian brand OM in India. In this context, Sunil Gupta, CEO and Managing Director, KION India, elaborates on the company's strategies and the way ahead.

ATMA seeks anti-dumping duty on China

The Automotive Tyre Manufacturers? Association (ATMA) demanded for an early imposition of anti-dumping duty on import of truck and bus radial (TBR) tyres from China, as the imports have posted a 9 per cent growth in FY17.ATMA revealed that TBR imports has been spiralling in the last few years and the figure has touched a high of 1.2 lakh units per month in FY17 from 40,000 units in FY14.

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.

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

Off The Road (OTR) tyres rolling

Having recognised the huge potential in the immediate and distant future, once again the Indian tyre industry has focused on introducing new sizes and variants of OTR tyres.

A true marketing professional

Vaibhav Saraf is the in-charge of sales for passenger radial tyres (PSR) and the marketing function for consumer products of Bridstone Tyres in India. His responsibilities include raising the brand awareness of Bridgestone in the Indian market through effective brand advertising, sales promotions and enhancement of the retail channel.

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.

Smooth Ride Ahead

Tyre market in India is on a revival mode with some demand growth in the coming years. Starting this year, major user segments like mining, construction and material handling (ports) have become more active with government opening up coal blocks, investment plans for roads, ports and other infrastructure segments.

Rising imports trouble tyre industry

The tyre industry has cautioned the government against the indiscriminate tyre imports, saying it will dent Prime Minister?s ?Make in India? call.

We plan to grow with the industry

Solid tyres would present a good opportunity to grow. It was this thinking that got me into the manufacture of solid tyres, says Ramanik Patel, Proprietor, Affix Cold Tread Company, in an interview with Bhushan Mhapralkar. Excerpts of the interview.

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.

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.

Continental Launches Radial Truck Tyres

Continental has started production and distribution of radial truck tyres in India.Continental, an international tyre manufacturer and automotive supplier, has started production and distribution of radial truck tyres in the Indian market. With an initial annual production capacity of more than 220,000 radial truck tyres, a dealer network of over 1,400 outlets, and sales and customer service teams in more than 70 cities across India, Continental takes the next step in expanding its reach in In

A successful journey

BKT has transformed itself into a successful player over the years, with a strong presence in over 130 countries including India. Quality-conscious users who adhere to stringent conformity standards in regions like Europe and America tend to prefer BKT as supplier, thus underlining the fact that every BKT product is superior and delivers the expected performance.

Ahead of the demand curve

With equipment players setting up production facilities, tyre companies see opportunities in the near future, despite there is an overall slowdown world over. The leading off-highway tyre manufacturer and exporter BKT has already started production from its fourth manufacturing facility in Bhuj

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,

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.

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

Building the brand

Arnab Banerjee is the Executive Director, Operations, CEAT, one of India?s premier tyre manufacturers. Banerjee comes with rich experience and knowledge of FMCG and the paints sector.

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).

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