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JK Tyre launches 4 new OTR tyres at Excon 2021

Expanding their product range, Indian tyre major, JK Tyre & Industries launched four new offerings in their off-the-road tyre segment at South Asia’s largest construction equipment event Excon 2021 in Bengaluru.

JK Tyre launches 4 new OTR tyres at Excon 2021

ur new products namely: 45/65-45 58PR VEM 63 L5 TL, 14.00-24 GTL CHAMP 16 PR G3 TT, 12.00-24 HARD ROCK CHAMPION 20PR E4 TT and 16.00-25 VEM 045 44PR E3 TT have been added to their existing product portfolio.

Our OTTs enable skid steer loaders to operate in any environment

We are very glad to see that Excon is happening this year. As this is the first show that we will be participating in post COVID, we are excited to be a part of it and look forward to meeting with existing customers one on one and making new connections.

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.

Rajiv Poddar of BKT Tires: Demand for off highway tyres is at an all time high

Rajiv Poddar, Jt. MD, BKT Tires, speaks on the current market size of OTR and industrial tyres, and segments that are driving the demand for these products.

Testing & Interesting Times

After the most unusual year that we experienced in our lifetime, the calendar year unfolding is expected to be challenging but promising for the Indian construction equipment industry.

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.

We focus on off-highway sector and want to grow with this

Balkrishna Industries (BKT) is a homegrown multinational player with a strong presence in the off-highway tyres globally. With the Indian market growing faster, the company is gradually increasing its sales in India which otherwise is majorly focusing on export market. Rajiv Poddar, Joint Managing Director, BKT shares more on the company and the market scenario.

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.

EXPANDING HORIZONS

Balkrishna Industries (BKT) is the market leader with the augmenting sales and volume growth in the mining tyres segment. The segment shows robust growth potential, given the company's new product launches and network expansions through tie-ups with mining service providers.

Magna doubles production at Netherlands plant

Six months after the opening of the production at the Hardenberg factory in the Netherlands, Magna Tyres Group has completed the first expansion of almost doubling the production capacity

Magna launches tyre for rigid dump trucks

Magna Tyres Group announced the introduction of the new Magna MA04+ OTR tyre for rigid dump trucks (RDTs). This radial constructed tyre, with an E4 tread pattern is designed for RDTs running in surface mines.

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

Mobilising growth

Tyres are important components of a vehicle or machine for making it mobile. When we think about tyres, the first thing coming into our minds is a vehicle. Automobile is the largest user of tyres.

A diversified industrial major

Balkrishna Industries (BKT), has over 30 years of global presence in the off-highway tyres (OTRs)segment.

We are positive about the growth of OTR tyres

We expect prospective customers to visit our Stand. This is an excellent opportunity for us to create our brand awareness. Also, customers will have an opportunity to understand the wide range of products for a variety of off-high way machines.

Magna Tyres Group appoints new Sales Manager

Magna Tyres Group announced the appointment of Arjen Sibon as Sales Manager. In this position, he has taken on the responsibility for growing and improving key accounts in the European OTR tyre business.

Landmark year

The 4th Annual Equipment India Awards and CEO Forum held on April 21, 2017 was accepted by the industry wholeheartedly with a full house presence. It was a great occasion for us to see participation from the entire cross-section of the infrastructure equipment industry, project contractors, consultants, and government agencies such as Indian Railways, NHAI and IRF.

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.

SET TO ROLL AGAIN

The growth prospects of OTR tyres are expected to be better with the various industry segments on growth path. The government's progressive measures have enabled various industry segments to grow in the recently concluded financial year and the trend is to continue at least in the next short to medium term.

Magna Tyres announces partnership with Reifen Kiefer

Magna Tyres Group and Reifen Kiefer have announced the formation of their strategic partnership. This agreement is an important step for the further introduction and the expansion of ?Magna? as a well-known OTR tyre brand in Germany.

Magna Tyres announces partnership with Reifen Kiefer

Magna Tyres Group and Reifen Kiefer have announced the formation of their strategic partnership. This agreement is an important step for the further introduction and the expansion of ?Magna? as a well-known OTR tyre brand in Germany.

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.

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.

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.

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.

New OTR Tyre for Port and Terminals

JK Tyre has launched the Port Champion OTR tyre for applications in port and terminal segments.

OTR Tyre

Gujrat Rubber Industries offers an unparalleled range of OTR tyre. This tyre is available in different grades and sizes that suits best to the clients? needs.

Impressive Showcase by CASH Industry

Excon 2015, in CASH domain, witnessed a plethora of equipment aggregates, sub- assemblies, components and IT solutions for OEMs in their equipment, as original suppliers and in the aftermarket space, descending on the scene of action.

Cash Sowcase at Excon

Excon 2015, in CASH domain, witnessed a plethora of equipment aggregates, sub- assemblies, components and IT solutions for OEMs in their equipment, as original suppliers and in the aftermarket space, descending on the scene of action.

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.

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

Aiming at a Significant Market Share

Camso is looking at India as very important market with potential to become the world?s largest equipment manufacturing hub in the years to come. Rajesh Bagrecha elaborates on the company?s views on the Indian OTR market.

Rising with a Holistic Approach

With a vision to become a global leader in off-highway tyre solutions, BKT has a three-fold strategy of expanding its reach. BKT (Balkrishna Industries Ltd), the off-highway tyre manufacturer which has been in the business for 27 years

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.

Agricultural implement tyres traction

Superking Manufacturers (Tyre) Pvt Ltd is engaged in offering widely appreciated and hugely demanded agricultural implement tyres traction. This tyre is a value-for-money product that guarantees optimum life and performance in normal applications.

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.

Complete Off-Highway Tyre Solutions

BKT is the preferred supplier to international OEMs in industrial and construction segments. BKT enjoys principal presence in five continents, encapsulating more than 130 countries around the world.

A Diversified Conglomerate

With over 25 accomplished years of leading presence in the off-highway tyres segment of world business, Balkrishna Industries (BKT) is undoubtedly a global leader through innovation.

Leading Innovation

BKT enjoys major presence in five continents around the world, encapsulating more than130 countries.Many businesses around the world become successful by identifying an existing trend (socio-economic and market) and selling accordingly.

McLaren introduces new tyre series

McLaren Industries has introduced a new series of industrial and OTR tyres. The Nu-Air semi-pneumatic tyre series integrates the strength and stability of a solid tyre with the smooth, cushioned ride of a pneumatic tyre.

Transforming business

S Sengupta has been heading Off-the-Road (OTR) tyre business of JK Tyre & Industries since 2001. Prior to this, he was heading the OTR tyre business of Goodyear India.He is an Engineering Graduate and Master in Business Administration.

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.

Radial tyres can give substantially higher mileage as compared to bias ply tyres.

At Tyresoles, we focus on lowering our customers' tyre costs. We work with our customers to reduce the damage and scrap of these new tyres. The more tyres get retreaded, the lower the cost for the fleet, says Karun Sanghi, Managing Director, Tyresoles. Excerpts of the interview.

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.

There is a huge opportunity for radials in OTR.

We have the capacity and infrastructure ready for radials in OTR segment. But can we offload the entire capacity is a big question. Once the answer is affirmative then there will be no looking back. S Sengupta, Head OTR Business, JK Tyre & Industries Ltd, speaking with Sudheer Vathiyath.

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.

We will increase the value of our OTR tyre by developing the quality of our service.

Our goal is not just supplying the OTR tyre but providing the additional value for the custo?mers on top of the OTR tyre supply, says Tomio Fukuzumi, Managing Director, Bridgestone India, in an interview with Sudheer Vathiyath. Excerpts from the interview.

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.

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.

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,

Providing tailor-made solutions

Apollo Tyres believes in providing tailor-made solutions rather than creating general application products. OTR tyres have huge potential but the current economic conditions indicate a moderate growth this year.

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.

Total solutions from Gmmco

Gmmco offers one-stop solutions to customers looking for mining, construction and road-laying machines, and engines of various capacities and for various applications. Established in 1967, Gmmco, a CK Birla group company, has been engaged in the sale and support of construction

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

Fit-to-Application Policy

From a turnover of $2 billion in 2011-12, Apollo Tyres is moving forward with a target of $6 billion by 2016. Apollo has a strong range of OTR tyres with products in both small and the large OTR segment.

On A Growth Path

BKT has grown from $8 million to $450 million in the last decade, which reiterates that BKT is a growth-oriented organisation. A part of well diversified Indian industrial conglomerate, the Siyaram-Poddar Group, Balkrishna Tyres (BKT) started in the year 1988 to manufacture two- and three-wheeler tyres.

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.