What is your take on the two-wheeler tyre market in India, considering the current situation?

India is facing the heat of the most unprecedented crisis with the second wave of the COVID-19 pandemic. The automobile industry is witnessing a slump, resulting in a slowdown in the two-wheeler tyre market in India. However, the two wheeler demand in India remains strong in the long term, and we believe the current harsh time will pass soon. We are certain that once the lockdowns are lifted, two-wheelers could become the preferred mode of transportation for many, certainly which will be a boom for the two-wheeler tyre market.

Tyre companies are facing challenges on the manufacturing front due to restrictions being infused by the pandemic situation. How has the company aligned its manufacturing activities to the current situation and is taking care of its employees?

At Maxxis, the employee’s safety has been prioritised over business targets. There was a shutdown for a brief period. To ensure workforce well-being, we have been strictly conducting employee Health check-ups, including RT-PCR tests and compulsory vaccinations for all the staff. Also, we have always been following all government protocols of social distancing, limited workforce, operating in shifts and other safety measures for our employees. 

The manufacturing unit operates under the guidelines drawn by the Ministry of Home Affairs and Gujarat State Government. Currently, employees are working in shifts with full capacity workforce. We intend to augment production as per market demand and the lockdown situation in the country.

Management is also proactively sharing e-mailers with employees, channel partners on safety measures and positive quotes to spread the positive environment. 

Could you highlight the role of digitisation of Maxxis India’s plant in Gujarat and how is it helping in today’s time?

Maxxis lays excellent emphasis on digitisation. It gives us greater control and visibility into each step of the complex manufacturing process, reducing cost and waste and improving overall efficiency.

How does the company see Industry 4.0?

Industry 4.0 will be the key game changer for the Indian manufacturing sector. Industry 4.0 refers to leveraging cyber -physical domains in association with the latest technologies like AI, IoT, Cloud computing, AR, 3D printing, etc., to enhance productivity. Industry 4.0 is already influencing sectors like manufacturing, supply chain management, construction, shipping etc., and shall impact all the aspects of our day-to-day activities. It is truly considered to be a disruptive technology.

Maxxis has always worked extremely hard to implement this strategy into hardware (technology, equipment and machinery in our newly built facilities worldwide) and software (the production, management and quality methods that operate those facilities).

What about sustainability in manufacturing at the plant? 

As a socially responsible corporate, Maxxis has been continually assessing the environmental impact of its activities, products and services that forms the basis of its ‘Global Environmental Policy. 

Our Sanand facility boasts of one of the most effective water stewardship programmes in India. Its efficient Effluent Treatment Plant (ETP) and Sewage Treatment Plant (STP) have accorded the plant its status of a ‘Zero Liquid Discharge’ facility. It discharges no liquid effluent into the surface water, effectively eliminating the environmental pollution associated with treatment. The process also uses wastewater treatment, recycling, and reuse, thereby contributing to water conservation through a reduced freshwater intake. 

The manufacturing unit also has a unique peripheral trench for water conservation. It collects and stores rainwater and further discharges it into the ground through 22 recharge stations rather than completely running off.

On average, Maxxis India recycles around 2,000 cubic metres of water every month, and the residual water after recycling is further used for plantation and cleaning purposes. The increasing groundwater draft caters to its domestic and industrial requirements, rendering most of the unconfined aquifer zone dry.

Following are some of the measures for collection, storage, Handling, and disposal of waste at our Sanand unit:

• We have the Effluent treatment plants (ETP) and Sewage treatment plants (STP) in our facility to treat our wastewater. After treatment of wastewater – Sludge is generated from both plants. Considering the 3’R, we use the entire STP sludge for our in-house gardening purpose. And the sludge of ETP plant – we use to keep it in a scrap yard for getting dry and then we send it to TSDF (Transport Storage Disposal Facility) “Pollution control board’s Authorised waste management companies for landfilling.

• We also have a sound constructed facility of 1800sq.mt for collection, segregation, and storage of all type of waste.

• We are not only focusing on the safe disposal of Hazardous waste; being an ISO 14001 (Environmental Management System) certified Tyre manufacturer company, it’s our moral responsibility to ensure “End use” or “life-cycle prospective” of our products. We are only selling out the Tyres & other Rubber related to waste to Gujarat Pollution Control Board “Authorised Recyclers”. 

We have always been following consistently ethical standards for recycling to encourage a green environment.

How are you preparing for producing and marketing premium tyres?

Maxxis believes that quality speaks for everything, especially for the premium tyres market; no marketing or promotion activities can subdue how a user concludes the experience of using a premium product. We tapped into the market with Hornet 2.0 project with Honda Motorcycles and Scooters India last year by supplying the Extramaxx (M6233/M6234) series. Extramaxx tyres use the world’s strongest Aramid Fibre, and the dual compound technology minimises rolling resistance while improving stability and tyre life. We have also plan to launch extension sizes for the Extramaxx series to cover all significant sports motorcycles running on Indian roads. We will soon launch more tyre series to cover different road applications for the cruising/touring market segment in the coming months.

How is the company widening the partnership with OEMs?

Maxxis has formidable strength in the OEMs market, where our quality and technology enable us to serve our OEM partners better. We have partnered with some of the world largest two-wheeler manufacturers- Hero Moto Corp, Honda Motorcycles and Scooter India Limited, Yamaha Motor India and Suzuki Motorcycles. We are fast expanding our portfolio as per new trends and market demand. 

Will Maxxis India open to cater to the Electric two-wheeler market, which is small but a fast-growing segment?

Maxxis Tyres stand for our steady commitment towards innovation, catering to the future mobility trends across segments. Last year, we launched the M922F, a special edge for tyre designs for electric two-wheelers. The new M922F tyres are built with specialised compound technology, which helped us in producing lighter tyres. This lighter weight in turn reduces energy consumption by five to ten per cent, enhancing the range of an electric two-wheeler.

We are one of the best EV 2W tyre manufacturers globally as we supply tyres to Gogoro in Taiwan and Niu in China; both are the pioneers in EV 2W globally. 

The company plans to have five more plants. Could you elaborate on how will they be technically advanced and cater to future demand?

We are one of the fastest-growing tyre companies in India with a long-term vision to achieve a 15 percent market share by 2026 and set up five manufacturing plants. Owning to the current pandemic situation in the country and keeping in mind the well-being of the employees, the complete utilisation of the existing plant capacity has been put on hold. 

We are evaluating the current market situation and will navigate our strategy as per the future condition.

What are the expansion plans for 2021 – 2022.

On the product front, Maxxis India has various line-up of tyres for sports bike with different applications for road and weather conditions which we will introduce in a very short time. We are evaluating the space of market for more product introduction. Currently, our portfolio covers 82% of market’s users’ scenario and we plan to raise it more than 90% this year.  

Also, The company made an investment of over $400 million in its Sanand plant in Gujarat. We currently employ workforce of 600+ people and are committed to extend manpower to 2000 within five years. Currently, we have used half of the land (106 acres) we got from the Gujarat government for the planned 60,000 units’ capacity. Owing to COVID-19 pandemic, we are carefully evaluating the situation this year and will take appropriate steps to realise our future plans, in the time to come. We have penetrated across all 29 states and eight Union Territories of India and opened an exclusive retail store in Goa to meet the growing demands of our customers.

We are working on new alignments and partnerships with new set of OEMs for the two-wheeler market as well as working on expanding our portfolio for the replacement market.

 (TT)

Apollo Tyres Ltd has secured a one-season shirt-sleeve sponsorship agreement with AS Monaco, one of French football's most successful clubs, to increase awareness for its premium Vredestein brand.

This partnership will leverage Ligue 1's ranking as the fifth most watched football league in the world to raise awareness of Vredestein's award-winning products among a large audience in France and abroad. On November 22, AS Monaco's home league game against Brest will have the new sleeve branding for the first time. The Vredestein brand will be heavily promoted at Stade Louis-II for the 2024–2025 season, including on player sleeves and LED screens around the field. Exclusive social media initiatives will further help make the brand prominent, reaching a large and interested audience.

Yves Pouliquen, Vice President – Commercial, Europe, Apollo Tyres, said, “This partnership is an exciting opportunity to strengthen Vredestein’s presence in one of our key markets. AS Monaco’s rich history and commitment to excellence mirror our focus on performance and innovation. We look forward to building a successful relationship with the club and celebrating its achievements this season.”

Thibaut Chatelard, Marketing and Revenue Director, AS Monaco, said: “We are delighted to welcome Apollo Tyres and its Vredestein brand to the family of AS Monaco partners. This collaboration makes sense in view of the values we share, such as the constant pursuit of performance and excellence. There’s no doubt that this new support will be precious for the rest of our season, which promises to be thrilling.”

Nexen Tire, a leading global tyre manufacturer, has launched the Nexen N´Blue S tyre, adding to its range of summer tyres and providing drivers with advanced safety, energy efficiency and superior driving stability in wet and dry conditions.

Developed using highly dispersed silica and equipped with an optimised structural design, the Nexen N´Blue S tyre provides reduced road noise and improved driving stability. The tyre features an innovative tread compound, formulated with hydrophilic fillers and microstructure-controlled polymers, and provides lower rolling resistance and exceptional dry and wet grip. The tyre also excelled in test results by demonstrating an 11 percent improvement in wet braking distance compared to its predecessor.

Apart from providing excellent performance, the Nexen  N´Blue S also scores high on the sustainability index. The tyre provides an eco-friendly solution for environmentally conscious drivers by minimising fuel consumption and CO2 emissions. The Nexen N´Blue S summer tyre is available in 58 sizes, which makes it compatible with different types of vehicles.

Kumho Tire Vietnam Co., Ltd. is all set to expand its investment project in Binh Duong province of Vietnam, with the phase 3 of expansion commencing in early 2025. This was discussed at a recent meeting between Vo Van Minh, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee (PPC), and Kim Hyun Ho, General Director of Kumho Tire Vietnam Co., Ltd.

The meeting was held on 13 November at the Administrative Centre of Binh Duong province, as per an official statement. Apart from the company’s investment till date and the planned investment for phase 3, the two also discussed about the challenges and obstacles regarding procedures and processes to have more land funds to expand the manufacturing plant, along with taking measures to tackle the obstacles. Kim Hyun Ho also conveyed to the PPC Chairman that Kumho Tire Vietnam Co., Ltd. belongs to South Korea's Kumho Tire Group and is currently ranked 10th in the car tyre manufacturing industry.

The company had invested in a tyre manufacturing plant in My Phuoc 3 Industrial Park in 2007 with a total initial investment of USD 308 million, which was supplemented by another USD 300 million in 2021. This extended the factory scale to six hectares and increased the production capacity to 12.5 million tyres annually. With the expansion in early 2025, the company will raise its total investment to USD 908 million and increase the factory's production capacity to 17 million tyres annually. The expanded capacity is expected to be operational by early 2026.

Yokohama-ATG, a leading manufacturer of all-terrain and off-the-road tyres, has expanded its Galaxy MFS 101 SDS range of forklift tyres with the launch of white, non-marking tyres.

The Galaxy MFS 101 SDS range consists of puncture-proof SDS tyres with extended wear limits designed for high-intensity working shifts and long durability. These are premium, solid rubber tyres developed for tough demands, a long service life and high driving comfort. The addition of white, non-marking tyres is specifically aimed at clean working environments.

Marked by a 3-stage construction process, the forklift tyres feature reduced heat build-up, effective shock absorption and minimised vibrations. The pattern design guarantees a smooth ride and good steerability thanks to its continuous centre lug and circumferential grooves. Furthermore, the flat walls and wide flat profile offer excellent stability when using a forklift for vertical stacking. The tyres are also equipped with anti-slip steel beads for improved rim fitment

In a case study on a CAT 2.5-tonne forklift that was used for handling heavy pallets on asphalt, the Galaxy MFS 101 SDS outshone the competitors with impressive performance. The tyre delivered an approximate 900 working hours before replacement against competitors’ 500 working hours.