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Driving Innovation
OTR tyre innovation is transforming India’s mining and construction industries.
CEAT expands truck service hub footprint in India
CEAT Limited has announced the inauguration of its largest truck service hub in Gandhidham.
CEAT to provide tech for connected vehicles, EV components
CEAT has planned to diversify its product portfolio by offering the latest technologies for connected vehicles and electric vehicles (EVs).
CEAT, Tata Power partner to install captive solar power plant at Solapur
CEAT’s Bhandup plants' power dependability on non-renewable resources will be reduced by 50%
RIDING ON INFRA PUSH
Growth in the construction and material handling equipment market has pushed the prospects of small and medium range OTR tyres.
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.
Demonetisation worries after-market business
Demonetisation has severely impacted India?s after-market business in spare parts, components, consumables and replacement components like wear parts, tyres etc, because so far this market has been predominantly cash transaction-driven.
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.
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.