
It all started in early 2019 for TVS Srichakra to expand and concrete its position on the international turf. The tyre company opened its research and development facility in Milan, Italy in early 2019, and then in August, TVS Tyre rebranded to TVS Eurogrip with the introduction of 19 premium tyres. Since then, the company has been aggressive in enhancing its R&D and testing capabilities and market presence globally. According to V Sivaramakrishnan, CTO, TVS Srichakra, the new brand and new product launches such as zero-degree steel-belted radials, new product lines in tubeless bias have appealed to the trade and its customers alike with increasing traction in the market.
However, TVS Srichakra’s new product launch plans did get impacted due to Covid. As the industry started seeing a revival in demand, in March 2021, TVS Eurogrip launched 11 new products which cater to a wide range, from commute to high-performance bikes as well as electric three-wheelers. This year, the Indian two-wheeler major plans to introduce more products designed and developed in the company’s R&D centre in Milan, Italy for the Indian market. More than two dozen products are in the pipeline for future catering to ‘untapped opportunities’. The company will also start its business in APAC and MEA. “Our Milan R&D centre plays a vital role in defining product target performances, product concept design, technical features and organisation of testing sessions that are held on European roads and racetracks. The Milan team and our R&D centre in Madurai work closely in defining the product specifications and technical aspects while creating new products,” said Sivaramakrishnan.
“Establishing our direct presence in developed and growing markets is an important step for us towards building Eurogrip as a strong global brand. It goes hand in hand with the research studies we’ve been conducting on new technologies, which will benefit all markets, including India. With our expertise as a manufacturer of two-wheeler tyres for over three decades, we are confident of making a mark in developed markets, and we look forward to the future growth potential,” added Sivaramakrishnan.
Its recent offering – e-Conta and e-Durapro – for e-rickshaws, according to the company, has garnered a positive response. TVS is planning to introduce a set of new tyre patterns and sizes specially designed to cater to electric two-wheelers in the coming months.
“The company focuses on its research and development efforts in continuously improving the bike and scooter performance for India and global markets. We have developed a range of high-performance radial tyres suitable for the Indian market. TVS Srichakra is the only company in India to have the entire range of radial technology such as textile cross belted, zero degree textile and zero degree steel,” said Sivaramakrishnan.
TVS Eurogrip is also developing a range of high performance zero degree steel- belted radial tyres for Europe and other markets.
Bounce Back With Changes In Trends
Covid has changed the dynamics of the two-wheeler industry. After a setback last year, the motorcycle industry is bouncing back, and a complete recovery is expected in the next three years.
In the luxury travel markets, the company sees an average gradual decrease of displacement and an increase of scooter and street models. In contrast, in the utility markets, there is a gradual increase in displacement and increased models variety and segmentation.
According to the company, the utility vehicle-driven market is growing in the fast-growing economies. It is predominant by personal two-wheelers, consisting mainly of scooters, mopeds and motorcycles with low average displacement and higher average mileage for commuting purposes, whereas in luxury vehicle markets, personal two-wheelers are used for commuting and leisure purposes and as a status symbol.
“Compared to the Indian bike market, bikes in the leisure market such as the US are used mainly for free time purposes by riders with a much higher and ever-increasing average age. As a result, the leisure markets have seen reduced usage and a lower propensity to buy a replacement bike. To tackle this, bike makers are focusing on less represented groups – young people and female riders. An increasing number of manufacturers have recently released various models in 200 to 450 cc range and electric mobility. Compared to the traditional 600 to 1200 cc markets , these midsize motorcycles are lighter, less expensive, easier to ride and on par with their bigger brothers in terms of quality, style and tech equipment. While more and more manufacturers develop and release these models for leisure markets, we expect that their availability will also reach India and other Asian markets,” said a TVS Eurogrip official.
Push For Electric Mobility
Though slower compared to the e-passenger car industry, the electric two-wheeler industry is gaining traction worldwide. Banning ICE-driven two-wheelers in coming decades, stricter regulations on pollution and improving technologies like longer battery duration and charging infrastructure will further fuel demand for electric mobility in two-wheelers.
“To get behind this moment, an increasing number of motorcycles and scooters are being launched to satisfy customers’ expectations. Alongside, traditional manufacturers are enlarging the capability to include electric vehicles. Many new players are emerging with an exclusive focus on the segment,” added the official.
Eurogrip Product Development for Global Market
To boost its international growth, TVS Srichakra is launching several new products aimed to fit vehicles and riders worldwide. In 2021, the company has launched Bee Connect and Bee City. In 2022, the company will launch the Climber XC for the off-road segment, which will target Motocross and Enduro vehicles. The company will also launch the Road Hound. These tyres will be for the sport-touring segment, which will target naked, sports and tourers. It will also launch the BEE Sports for the sport commuting segment to cover scooters and underbones. Going forward, it will target super sports, medium & big trail and cruiser & heavy tourers.
Testing Capabilities
Today, the company has test tracks in Madurai for testing handling performance and grip in wet and dry conditions on various surfaces such as asphalt, concrete etc. with different friction coefficients. It has its own indoor durability laboratory for tyres, which is capable of testing tyres up to speeds of 300 kmph, and indoor tyre characteristics laboratory, which is capable of accurately measuring tyre rolling resistance, 3-axis stiffness, tyre force and moment characteristics, footprint pressure distribution etc.
“Finite Element Methods (FEM) and Multi-Body Dynamics (MBD) are two focus areas for us, where we use internally developed methods to predict the performance of the tyre on a standalone basis using FEM and simulate driveability performance using MBD. With such simulation tools, we can get the right tread pattern, tyre construction and compound combination to deliver precision performance,” said the company CTO.
The company’s research and development activities are focused on reducing the impact on the environment and maximising performance for end customers. “We continuously explore and adopt technologies which enable us to use recycled material, biodegradable material and reduce energy consumption in tyre production. We have many patents filed in this area,” added Sivaramakrishnan. (TT)
USTMA Brings Industry Leaders to Capitol Hill to Push for U.S. Manufacturing & Road Safety Policies
- By TT News
- June 25, 2025

The U.S. Tire Manufacturers Association (USTMA) is convening its annual Tire Manufacturing Ambassadors programme this week, sending industry professionals to Capitol Hill to press lawmakers on policies supporting domestic manufacturing, road safety and sector innovation.
The two-day event, running from 24–25 June, brings together representatives from USTMA’s 11 member companies — including engineers, business managers and marketers — to meet with members of Congress and their staff. The discussions are expected to focus on key legislative priorities such as expanding tyre retreading in the U.S., advancing consumer safety initiatives, and passing a congressional resolution in support of National Tire Safety Week.
“The U.S. tyre manufacturing industry is a vibrant engine of innovation, enabling safe and sustainable mobility for consumers and businesses. Our industry is a cornerstone of the nation’s economy, supporting more than 800,000 jobs and keeping up with evolving consumer expectations on reliability, safety and environmental impact,” said Anne Forristall Luke, USTMA president and CEO.
The ambassadors, who live in the same communities where the industry operates, are set to highlight how national legislation impacts local jobs and infrastructure. USTMA members operate 55 manufacturing facilities across 16 states and contribute to a $170.6 billion annual economic footprint, the association said.
The event follows a letter sent by USTMA to Congressional leaders in February outlining the sector’s legislative agenda. The group is advocating for increased investment in tyre innovation, transparency measures for consumers, and job creation through infrastructure and sustainability-focused policies.
“Our Ambassadors represent the manufacturing workers who power the industry every day, and we are honoured by their advocacy for the tyre manufacturing industry and the communities it supports,” Luke added.
The initiative reflects USTMA’s broader push to align policymakers with the industry’s goals of maintaining global competitiveness while securing long-term growth for U.S. manufacturing.
Nokian Tyres Named Among World’s Most Sustainable Companies by TIME Magazine
- By TT News
- June 25, 2025

Finnish tyre manufacturer Nokian Tyres has been recognised by TIME Magazine as one of the World’s Most Sustainable Companies 2025, ranking 98th on the prestigious global list of 500 companies demonstrating outstanding environmental and social responsibility.
The second edition of the rankings, compiled by TIME Magazine in collaboration with data firm Statista, evaluated companies based on verified sustainability commitments, including UN Global Compact membership and greenhouse gas emission reduction targets validated by the Science-Based Targets initiative.
Assessment criteria also included performance ratings from respected organisations such as CDP and MSCI, alongside evaluations of sustainable business practices, transparency, and environmental and social stewardship.
Nokian Tyres has positioned itself as a sustainability pioneer within the tyre industry, driving sustainable development both within its operations and throughout its value chain. The company’s environmental leadership dates back three decades, with its Finnish factory becoming the world’s first tyre manufacturing facility to achieve environmental certification in 1995.
“We create tyres that are safe, innovative and sustainable. Nokian Tyres has been a pioneer in sustainability in the tyre industry for over three decades. As early as 1995, our factory in Finland was the first tyre factory in the world to gain an environmental certification. We are proud of our track record and want our sustainability actions to have a meaningful impact. The most recent example of this is our new factory in Romania, the first full-scale zero CO2 emission tyre factory in the world,” said Paolo Pompei, president and chief executive of Nokian Tyres.
The company’s latest sustainability milestone is its new Romanian manufacturing facility, which represents the world’s first full-scale zero CO2 emission tyre factory, demonstrating Nokian Tyres’ continued commitment to environmental innovation in industrial manufacturing.
Sinochem Breaks 500 Billion Yuan Brand Value Milestone, Ranks Seventh in China’s Most Valuable Brands
- By TT News
- June 25, 2025

Chinese state-owned enterprise Sinochem has achieved a significant milestone, with its brand value surpassing 500 billion yuan for the first time, according to rankings released at the 22nd World Brand Conference in Beijing.
The World Brand Lab announced that Sinochem ranked seventh on its annual “China’s 500 Most Valuable Brands” list for 2025, with the company’s brand value climbing from 475.906 billion yuan in 2024 to over 500 billion yuan this year.
This marks the 22nd consecutive year that the Sinochem brand has secured a position on the prestigious ranking. The company’s property development arm, Jinmao, also featured prominently, placing 170th with a brand value of 74.186 billion yuan.
The World Brand Lab’s methodology evaluates brand worth through three key metrics: financial performance, brand strength, and consumer behaviour analysis, employing a “present value of earnings method” for valuation. The ranking is widely regarded as one of the most authoritative assessments in Chinese brand research.
Sinochem’s consistent performance has been particularly notable since 2004 when it first entered the top ten of the annual list. Following the establishment of China National Chemical Corporation on 8 May 2021, the enhanced Sinochem brand has maintained its seventh position for four consecutive years, demonstrating sustained growth in brand value and international market recognition.
The company attributed its success to implementing comprehensive brand management strategies aligned with government directives on brand development. Sinochem stated that it will continue to leverage high-quality brand building and valuable brand assets to strengthen its core functions and competitiveness, supporting the company’s long-term development objectives.
The World Brand Conference, now in its 22nd year, serves as a key platform for evaluating China’s corporate brand landscape and tracking the evolution of the country’s most significant commercial entities.
- Continental
- Continental Tires
- Edwin Goudswaard
- Ultra High Performance tyres
- AC Schnitzer
- Brabus
- Porsche Panamera
- Maserati Levante
- Audi RS6 Avant
- Polestar 3
- BMW 5 Series
- BYD Seal
Continental Strengthens Position in Ultra-High-Performance Tyre Market
- By TT News
- June 25, 2025

German tyre major Continental is significantly expanding its presence in the global market for ultra-high-performance (UHP) tyres. The company states that the UHP tyres are designed for safe and dynamic driving at high speeds and are available in sizes from 18 inches.
Between 2019 and 2024, the premium tyre manufacturer increased its worldwide sales of UHP tyres in the passenger car and light truck segment by approximately 15 percent. Over the same period, the share of UHP tyre sales across all Continental brands rose from 38 to 52 percent, and to 60 percent for the core Continental brand, up from 46 percent five years ago.
Edwin Goudswaard, Head of R&D, Continental Tires, said, “For us, ultra-high-performance tyres are much more than a technological flagship product – they are a strategic driver of innovation. Their development requires engineering of the highest standard, high-tech materials and precise testing and production processes. At the same time, they demonstrate our solid position in the premium segment and significantly contribute to Continental’s economic strength.”
UHP tyres are claimed to provide excellent grip, precise steering, strong brake performance and high driving stability, primarily used on powerful vehicles such as sports cars, SUVs and luxury saloons. The global demand for UHP tyres is projected to grow by around 9 percent annually until 2029, driven by the increasing popularity of SUVs and the electrification of powertrains. Continental is experiencing particularly high demand for UHP tyres in the Asia-Pacific region, especially in China.
The German brand currently offers UHP tyres across all product segments, including summer, winter and all-season tyres. The flagship product in its UHP portfolio is the SportContact 7. Since its global launch in 2022, the SportContact 7 has won 21 out of 24 independent tyre tests, boasting a success rate of over 87 percent.
The company stated that tyre testers have praised its ‘shortest braking distances under all test conditions’ and ‘very balanced and safe vehicle handling on dry roads and even better performance on wet roads compared with the competition.’ Its precise steering characteristics, reproducible driving responses and excellent grip during sporty driving have also received acclaim.
Continental continues to invest in the development of its UHP products, fostering close collaborations with vehicle manufacturers and tuning specialists like AC Schnitzer and Brabus.
"These partnerships enable us to transfer ideas from the high-performance segment to the mass market,” explained Goudswaard. The High-Performance Technology Centre (HPTC) in Korbach produces high-performance tyres for powerful and technologically sophisticated passenger cars and conducts rigorous testing under realistic extreme conditions.
The SportContact 7 has received original equipment approvals for various models, including the Porsche Panamera, Maserati Levante, Audi RS6 Avant, Polestar 3, BMW 5 Series and BYD Seal. The tyre is available in 120 sizes from 18 to 24 inches and has been developed for both electric and conventional vehicles.
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