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The growth trend of radial tyres in OTR has been steadily rising

BKT Tires is one of the leading manufacturers in the off-highway tyre market, specialising in the manufacture of tyres for agricultural, industrial and OTR vehicles. Ashok P Chhajer, Sr. General Manager – OE Sales, (Domestic), Balkrishna Industries, speaks on the key challenges and opportunities in the market

Two steps ahead: The Vögele Dash 5 road pavers

The future in road building is here with Vögele’s latest-generation SUPER 1900-5(i) and SUPER 2100-5(i) road pavers.

Komatsu sales jump 28% in third quarter

Despite supply chain disruptions and increases in material prices and logistic costs, Komatsu saw net sales and operating income reach record highs on new equipment, parts and services in the first nine months of the current fiscal year, which ends March 31, 2023.

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

The Association of Indian Forging Industry (AIFI) has witnessed a challenging time in the first half of 2022 as a result of increased input costs, particularly steel, aluminum, and nickel prices.

Components industry to witness 60% decline due to EVs: AIFI President

AIFI has expressed concerns to the government over high steel, aluminum, and nickel prices, as the increase in steel prices has damaged the Indian forging industry

Forging and components industry to experience 60% decline due to electric vehicles: AIFI

• The increase in steel, aluminium, and nickel prices have hammered the industry in India

Goodyear India revenue up 18%

Third quarter profit after tax of Rs 19 crore, down from third quarter last year of 49 crore on higher commodity prices

Jindal Stainless revenue up 36% YoY

JSHL’s sales volume stood at 182,474 tonnes, up by 23% over the corresponding period last year (CPLY).

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.

Poor Assessment of Triggers

World Steel Association states that the global steel demand did increase by 0.2 per cent to 1,501 mt in 2016 after a contraction of -3 per cent in 2015. In 2017, it expects global steel demand to grow by 0.5 per cent and reach 1,510 mt.

German companies are planning more investments in India

The Indian market is served for many years, not only because of the need of raw materials to foster the nation economic growth but also because India is the third largest producer of coal. Difficult regulatory framework and business environment slow the development of coal production.

German companies are planning more investments in India.

German investors are taking a positive long-term view of Indian market and continue to invest in their operations to tap growth opportunities. Maharashtra, with around 39 per cent share of German investments, remains the most attractive destination, says Rajesh Nath, Managing Director, VDMA India. Excerpts from the interview.

We are one of the first major players in India to get into cold forging.

We were the first company in India to successfully develop a fracture split connecting rod and this was a major breakthrough at that time. Our engineering capability is what differentiates us from others because of which we can produce very high quality and high precision products for the customers, says Viraj G Kalyani, Executive Vice President, Kalyani Forge. Excerpts from the interview.

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