
Parmeshwaran Iyer Joins Apollo Tyres As Chief Supply Chain Officer
- February 18, 2025
Based out of Gurugram, Parmeshwaran will report to Neeraj Kanwar, Vice-Chairman and Managing Director, Apollo Tyres. He will be responsible for developing and optimising the global supply chain operations, aligning demand forecasting, production planning,

MT Bureau

Lanxess Opens India Application Development Center To Support Local Customers
- February 18, 2025
To begin with, IADC will support two business units, with plans to add one business unit every one or two years and expand it to support all business units in the future.

TT News

Goodyear India Reports 57% Drop in Q3 Profit Amid Higher Cost
- February 17, 2025
Goodyear India Ltd. faced a steep 57% drop in net profit for Q3 FY24, with earnings falling to INR 948 million from INR 2,186 million a year ago. Despite a 6.4% rise in revenue to INR 63,172 million, escalating material costs and increased inventory pushe

Sharad Matade

Tirupati Tyres Plans Major Capital Expansion, Names New Management
- February 17, 2025
Tirupati Tyres Ltd., a Mumbai-based tyre manufacturer, announced plans to increase its authorized share capital from INR 3 billion to INR 9.9 billion. The expansion, subject to shareholder approval, will raise the number of authorized shares to 99 million

Sharad Matade

Hankook’s GEN3 Evo iON Race Tyre Shines At 2025 Jeddah E-Prix
- February 17, 2025
As the exclusive tyre supplier and official technical partner for the ABB FIA Formula E World Championship, the world-renowned tyre manufacturer Hankook Tire & Technology (Hankook Tire) celebrated the successful end of the 2025 Jeddah E-Prix.

TT News

Team MRF Tyres Enters The British Rally Championship
- February 17, 2025
MRF, India's No 1 tyre manufacturer, has announced that it would be an official tyre supplier for the 2025 season and will compete in the renowned and fiercely contested British Rally Championship (BRC) 2025. Drivers James Williams and Max Mcrae will be l
