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BKT unveils advanced mobility solutions at EXCON
The Off-highway tyre major is working towards building our nation.
BKT to showcase state-of-the-art masterpieces at IME
Balkrishna Industries (BKT), the Indian multinational Group and a leading global player in the off-highway tyre market will participate in the 10th edition of the International Mining Exhibition (IME) in Kolkata, organised by the MGMI and TAFCON
New mining machinery are driving demand for all-steel radial tyres
Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the factors that are driving the Indian OTR tyre market, and the recent innovations in tyre design and making in construction vehicles.
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.
BKT Tires signs up as “Official Tyre Partner” with seven IPL teams
The collaboration with T20 cricket teams adds to a growing portfolio of BKT’s global strategic partnership.
BKT launches EARTHMAX crusher haul & EARTHMAX SR 34
Balkrishna Industries (BKT), the Indian multinational company and global player in the off-highway tyre market, has launched two ‘Made for India’ tyres under the sub-brand EARTHMAX namely the EARTHMAX crusher haul and EARTHMAX SR 34, dedicated to the Indian construction and mining sector.
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.
JK Tyre launches 3 new tyres for the off-road segment
JK Tyre launches 3 new tyres at Bauma CONEXPO 2023
BKT launches EARTHMAX crusher haul & EARTHMAX SR 34 at bauma
Made for India tyres premieres at bauma CONEXPO India 2023
Bauma CONEXPO INDIA 2023 - Highlights
The trade fair for construction equipment industry garners excitement!
BKT to launch two new ‘Made for India’ EARTHMAX tyres
Balkrishna Industries (BKT) the Indian multinational company and global player in the off-highway tyre market will be participating in the bauma CONEXPO India 2023. Armed with a strong R&D, BKT will be launching two tyres under the sub-brand EARTHMAX at the bauma CONEXPO INDIA.
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.
“We will be launching 63-inch tyres for the Indian market.”
Tractors and earthmoving equipment are the major demand drivers of OTR tyres,” says Prasanta Ganguly, Head – OTR Marketing (Domestic Sales), Balkrishna Industries (BKT).
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.
JK Tyre drives into India’s highest motorable region with Total Control
Expands its nationwide presence by opening its first Steel Wheels showroom in Ladakh UT
Our products will be a game-changer for mining industry
Rajiv Poddar Joint Managing Director, Balkrishna Industries
BKT to focus on mining products at excon
BKT, the Indian multinational group and a global player in the off-highway tyre market, is all set to cross a billion dollars this year with India contributing 20 per cent and exports of 80 per cent.
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.
The demand for off highway tyres is at an all time high
Rajiv Poddar, Jt. MD, BKT Tires
BKT Tires partners with 7 IPL teams
Balkrishna Industries (BKT Tires), the Indian multinational group and leading global player in the Off-Highway tyre market, has just announced that it will be sponsoring seven teams in the upcoming cricket league for the season 2021.
BKT Tires partners with 7 IPL teams
BKT Tires will be the official tyre partners for Mumbai Indians, Chennai Super Kings, Delhi Capitals, Royal Challengers Bangalore, Kolkata Knight Riders, Punjab Kings and Rajasthan Royals in the forthcoming T-20 League.
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.
Mahansaria Tyres starts commercial production at Panoli facility
Mahansaria Tyres (MTP) announced the commencement of commercial production at its state-of-the-art greenfield off-highway tyre manufacturing facility in Panoli.
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.
Hydraulic Power
Construction and mining equipment use hydraulic power to perform heavy-duty applications.
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.
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.
CE components market overview
The components, accessories and spares market is all set for a renewed growth in future in the light of increased construction activities.
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
Magna Tyres Group opens Singapore regional office
Magna Tyres Group announced the opening of a new regional office in Singapore to better serve the local customers. Following the recent appointment of Nora Zhou, it is the next step in the worldwide expansion of the company.
Magna Tyres Group appoints new GM in Singapore
Magna Tyres Group announced the appointment of Nora Zhou to the position of General Manager at the new Magna Tyres Singapore office. Zhou has almost 30 years of experience within the tyre industry as the general manager of a renowned Chinese Tyre company.
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.
Geared Drives | Evolving
Essential for mechanical power transmission throughout the powertrain of an equipment, geared drives play an important role in the overall efficiency of the equipment.
The Tyre Game
The new plant at Bhuj is a result of BKT?s ambitious vision to become a global leader in off-highway tyres. If the off-highway tyre market was a chess game, BKT would be preparing to checkmate the same to claim its place as a global leader.
Continental opens first retail concept store in Faridabad
Continental India inaugurated their first retail concept store for heavy commercial vehicle tyres in India.
A Global Business Empire of Indian Origin
Many businesses around the world become successful by identifying an existing trend (socio-economic and market) and selling accordingly. But only a handful break through the obvious and dare to go beyond, thus creating not just success but an unprecedented niche for themselves.
JK Tyre buys Kesoram unit
JK Tyre and JK Asia Pacific Singapore Pte Ltd, a wholly owned subsidiary of JK Tyre, have signed a binding term sheet with Kesoram Industries Ltd (KIL)
BKT, Monster Jam Join Hands
BKT will have an on-site presence at Monster Jam produced in over 100 cities in North America as well as the growing international Monster Jam tour. BKT Tires and Feld Motor Sports? announced that Balkrishna Industries (BKT), which offers a large range of off-highway tyres
The consistent performer
RK Agarwal, Director-Sales, Continental India, comes with rich industry experience of over 38 years. A BTech in mechanical engineering, Agarwal has taken up many challenging projects during his tenure.
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.
BRIC tyre market to grow
According to the Global Off-Highway Tyre Market 2014-18 report, a significant demand for off-the-road tyres in the BRIC [Brazil, Russia, India and China] countries is expected due to the steady economic growth in these countries. The economic growth has lifted the financial status of the people here and more people are moving to urban areas, leading to the growth of the construction industry in these countries. The growth of the construction industry in the BRIC countries will positively influen
We expect to add another 6-8 retreading plants in the next three years
In India, there is no incentive for retreading. In fact, we are burdened with VAT and service tax, says Karun Sanghi, Managing Director, Tyresoles India. Excerpts from the interview.
Tyre manufacturers look at global market
Tyre manufacturers in India are looking at foreign markets to step up investments and expand operations in international bases.
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
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.