Does post-pandemic lockdowns prompt any priority change for ATMA? Will there be a campaign for greater health safeguards for tyre company workers?

Tyre companies have been at the forefront of maintaining safety standards based on guidelines /advisories during last one year. Tyre companies were perhaps the first to shut down operations when the call for lockdown was given by Prime Minister Narendra Modi last year. It needs to be appreciated that Tyre is a continuous process industry. Sudden shutdown results in huge losses in terms of wastage of raw material and other Work in Progress inventories. Restarting operations involves picking up several pieces involving significant effort. Being a continuous process industry, we could have argued for waiver from the lockdown. However, in appreciation of the real intent of the lockdowns and Tyre Companies being responsible Corporate citizens, aimed at safeguarding lives, went for a shutdown. ATMA has already issued Covid Compliant Standards for the benefit of all tyre plants. Health if its employees including workers has always been a priority with ATMA members, and this will continue to be so going forward.

How do you plan to take cheap tyre import issue to the next level?

Government has introduced certain much-needed measures by curbing indiscriminate import aimed at making the country ‘Aatmnirbhar.’ As we have observed, the imports from China that accounted for the lion’s share in tyre imports in India, have come down significantly after import curbs were initiated. However, it is also being observed that the percentage share of some other countries in total tyre imports in India has gone up substantially. As per the latest tyre import official data, Thailand has displaced China as the largest source of Truck & Bus radial tyres (TBR). Nearly 50% of TBR imported in India in the first three quarters of FY21 are from Thailand. Even in Passenger Car Radials (PCR) imports in India, Thailand has come to account for largest share of 35% in the Apr-Dec’20 period. We are taking up with the Government for all such indiscriminate imports about which the Government has exhorted various sectors to strengthen their domestic manufacturing capacities and capabilities, especially in the automotive space. We are also keenly looking at the measures to further boost domestic production under the PLI scheme for Automotive Sector.

As the automotive sector shows signs of resurgence, how do you foresee the growth of tyre business in India?

After two years of downward trend, things are looking up for the Auto sector in India. Different surveys point to 14 to 18% growth for the Auto sector in FY22. Tyre Industry’s growth is closely linked to Auto sector’s performance and the economic graph. Since economy is also projected to grow at upwards of 10% by different agencies, we expect growth in tyre demand to be in sync with economic and auto sector’s growth. Hopefully tyre imports will remain in check and the growth in demand will be met by Indian manufacturing. The focus on Infrastructure investment by the Government, should lead to higher demand generation in the automobile sector.

The proposed Scrappage Policy is expected to see an increase in new tyre sales. How do you foresee the development? Do you think a similar policy could be implemented for tyres as well?

The new vehicle scrappage policy is a welcome move since it is aimed at phasing out unfit and polluting vehicles from the roads paving the way of boosting the demand for new and environment-friendly vehicles No doubt, the new policy has potential to kick start the revival of the Indian auto sector and the entire automotive value chain including tyres.

The policy with in-built incentives should boost the demand for new and environment-friendly vehicles. It would lead to recovery in Medium & Heavy Commercial Vehicles and its positive demand on tyres which have remained under stress for long and, in the process, also give a fillip to Truck & Bus tyre segment.

Regarding scrappage policy for tyres, any initiative that leads to replacing of worn-out tyres beyond their useful and safe life will be a welcome move. Over the last few years, ATMA & its technical arm Indian Tyre Technical Advisory committee (ITTAC) have been intensely involved in creating awareness on Tyre Care & Road safety through On-ground activations, Tyre clinics, Safety seminars, Mass media messaging, Social media campaigns, Participation at expos, Launching of safety calendars, Animation films and other possible interfaces urging the motorists to replace worn out and poorly maintained tyres before it is too late. Tyre industry is willing to partner in any initiative that leads to replacement of risky worn-out tyres and make the road usage and conditions safer.

The Budget has also focused on bigger infrastructure development and promotion of public transport. What is your take on the readiness of Indian tyre manufacturers to exploit the bigger opportunities?

Tyre industry is ahead of the demand curve. An unprecedented amount of over Rs 50,000 crore was invested across 4-5 years before the pandemic in creating new capacities and R&D. The new capacities are now coming on stream and are geared to meet increased demand borne out of Infra development and other growth drivers. As a vibrant part of Aatmnirbhar Bharat, Tyre Industry has been conscious of its responsibility to the nation and has been investing heavily in new capacities building and research & development. India is one of the few countries that are self-reliant in manufacturing of practically all varieties of tyres.

How does ATMA look to support the uncertainties in the Natural Rubber sector? While looking for easier availability options like new rubber alternatives, will there be any further steps to support the NR sector?

A well-developed and competitive domestic NR sector is very close to Tyre Industry’s heart. The fact remains that domestic production of NR is short of its requirement by over 40%. Rubber Board has certainly made sincere efforts to increase the production and productivity of NR in the country; however significant production- consumption gap continues to exist.

A project for supporting development of new rubber plantations in North East and improving quality of processed forms of rubber has been finalised under the guidance and active mentoring of Mr Piyush Goyal, Hon’ble Minister for Commerce and Industry, Government of India. The project is designed to implement the scheme for developing 200,000 hectares (ha) of rubber plantations in the North Eastern States with financial participation by major tyre companies, represented by ATMA with technical support and coordination by the Rubber Board.

While the NR project looks towards long-term availability of NR, for the short term, Tyre Industry has urged the Rubber Board to help the industry tide over the imminent crisis. (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.