“We will be implementing all our learnings of the previous years into the operations. In choosing a plant location, we consider the distance between our customers and ensure that we can keep up our supply while maintaining sufficient inventory and work on a VMI model, as we do for all the major tyre makers in Thailand. We are working on designing the process lines which will be much better in terms of product quality, environmental standards and productivity. Overall, we aim to install a world-class facility which will make working more efficient and effective in all aspects,” said Yashovardhan Chordia, Director, Rajratan Thai Wire Co ,  a 100 percent subsidiary of Rajratan Global Wire

The company had completed its brownfield expansion in March 2020, post which the national lockdown was announced. However, manufacturing revived sharply when markets re-opened, enabling Rajratan Global Wire to support and meet its customer demands with enhanced capacities. “As explained before, the China + 1 supplier need of global players coupled with the expanding demand for tyre in local and export markets is quite encouraging. It has given us the necessary confidence to go for further expansion in Thailand and a new greenfield plant in India (Chennai, Tamil Nadu). Our Chennai plant will also enable us to meet the increasing export demand owing to its proximity to the port,” explained Chordia.

National lockdown in 2020 affected the company as it did to all industries. The company’s manufacturing activities were shut for more than a month in India and took a planned shutdown for 25 days in Thailand since the demand was relatively low. However, Covid did not create any structural changes to the company’s business. “Except for the first month of the initial lockdown, demand was robust for subsequent months. We have been witnessing good opportunities to sell much bigger volumes.

Also, due to Covid and the logistics turmoil, many customers are looking at a China + 1 supplier strategy for their international business. This has consequently led to a rise in our customer base within export markets. Domestically, we also see customers increasing their buying from local sources to reduce the risk of supply shortage hampering their production, , ” said Chordia.

Rajratan Global Wire now offers bead wire to its customers from both locations – Indore and Thailand, wherever feasible – to ensure regular supplies. It has shifted a few of its export customers to India to counter the poor container availability. “There has been a reduction in the (volume) import of raw materials from China for many years, which now has reduced even further. Covid challenges allowed us to develop other alternatives timely, and these have all been streamlined now,” added Chordia.

Logistic costs have surged to new highs, and the availability of containers and drivers have been challenging. “As I explained previously, we are offering products to our customers from both locations, wherever the logistics cost is cheaper. We have also made few agreements with the shipping lines and other related parties to improve reliability, especially if the price remains unchanged. I think the cost of logistics today is high everywhere, so we are all sailing in the same boat. Over the year, there have been instances where cost went up so much that eventually customers had to explore other sources. At the same time, there are many new markets and a growing list of customers is being added at a steady rate,” said Chordia.

India is an oligopoly market with four manufacturers followed by imports. Rajratan has the largest manufacturing capacity amongst the four. The size of the Indian market currently stands at approximately 110,000 to 120,000 tonnes, including cycle tyres. Rajratan Global Wire has expanded its capacity to meet the growing requirement of domestic tyre companies which are witnessing strong local and export demand. “The capacity expansions taken up by local tyre manufacturers have given the confidence to set up a new greenfield facility in Chennai (port-based) to target the growing domestic as well as export markets,” explained Chordia.

In Thailand, Rajratan Global Wire is expanding its capacity from 40,000 TPA to 60,000 TPA to meet the local demand, otherwise impacted by the lack of bead wire supplies from manufacturers outside Thailand. “This has also provided the necessary boost to our local Thailand sales figures as we are the only local bead wire manufacturer in Thailand,” said Chordia.

Many major Chinese tyre companies have established their base in the SEA countries to avoid US traffic, and this has brought further opportunities to Rajratan Global Wire. According to Chordia, post the pandemic and due to the current logistics issues, the opportunity has become more prominent as all the tyre manufacturers in the SEA region are looking to source more locally. “We have a good opportunity as suppliers since there are six big Chinese tyre companies in Thailand, a couple of them in Vietnam and a few upcoming ones in Indonesia. We are in a sweet spot to meet the requirements of local tyre manufacturers (including Chinese tyre companies) in Thailand as well as from local tyre manufacturers in India, the two biggest tyre manufacturing markets in Asia outside China,” said the company executive.

The company focuses on several key aspects like adhesive strength, rubber coverage, elongation and tensile strength to achieve the required quality. “These are areas we continuously keep working on to improve our offerings to our customers. We at Rajratan have developed that culture of improvement, and it has been our key to whatever success we have had in business today,” added Chordia.

Rajratan Global Wire is working on digitalising and automating its operations in line with Industry 4.0 and on the sustainability front. The company aims to reduce its water consumption by 70-80 percent and use more recycled raw material (steel) to make its product. Rajratan Global Wire has also improvised on its product packing and reduced the usage of paper, wood and plastic.

Bead wire forms nearly three percent of the cost of making a tyre but is a critical product as it is instrumental in holding the tyre to the wheel’s rim. Rajratan Global Wire’s product is a critical raw material in the tyre and affects the safety factor of the tyre. The company is putting significant efforts to improve the product quality continuously. “We are always in dialogue with our customers on identifying areas of improvement to grow our presence. We manufacture the widest range of bead wire (sizes) in India,” added Chordia.

Talking about the changing bead wire technology for EV tyres, Chordia said, “From whatever we know till now from our customers, there is no major change in the use of bead wire for the EV tyres. Yes, I think their focus will be to make lighter tyres for EV. There is a possibility that this might further change the bead wire sizes and strength of the wire. I have not come across any discussion about a substitute for the existing bead wire up until now.”

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JK Tyre & Industries Ltd. has formally completed the merger of its subsidiary, Cavendish Industries Ltd., into its operations, a strategic move that follows Cavendish's acquisition in 2016. At that time, Cavendish was operating at only 30 percent of its manufacturing capacity for various vehicle tyres. Under JK Tyre's stewardship, the subsidiary received extensive managerial, financial and technical support, which facilitated a complete operational turnaround. Through optimised manufacturing processes, capacity utilisation dramatically increased to 95 percent. Additional expansion at the Laksar facility further bolstered its substantial contribution to the company's overall tyre production.

This consolidation is projected to generate significant value by combining operational strengths, achieving greater economies of scale, and creating a more robust and diversified product portfolio. The unified entity will also benefit from an extensive, integrated distribution network. The merger aligns with JK Tyre's enduring strategy of pursuing sustainable growth through both organic projects and strategic acquisitions. Cavendish’s successful integration represents the company’s third major operational turnaround, following previous revitalisations of Vikrant Tyres and JK Tornel Mexico, alongside the establishment of two Greenfield plants.

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Hankook Tire has further solidified its commitment to sustainable manufacturing with the recent International Sustainability & Carbon Certification (ISCC) PLUS awarded to its Daejeon plant. This globally recognised certification validates the use of bio-based and recycled materials and ensures supply chain transparency, representing the company’s third such achievement following earlier certifications at its Geumsan and Hungary facilities. At the Daejeon site, the substitution of fossil-based synthetic rubber with bio-circular polymers has substantially lowered the environmental impact across the entire product lifecycle.

This milestone reinforces Hankook Tire’s comprehensive ESG strategy, which now encompasses original equipment, replacement and motorsport tyre production. A notable example is the supply of high-performance rally tyres, incorporating up to 31 percent sustainable materials, for the 2025 FIA World Rally Championship. The company’s sustainable innovation is also evident in products like the iON evo tyre for the Porsche Taycan, which uses 45 percent recycled and recyclable materials without compromising performance. Similarly, the iON GT replacement tyre for the European market integrates up to 77 percent certified materials and has earned top EU Tyre Label ratings.

Beyond product development, Hankook Tire is pioneering future mobility solutions, showcased by a concept tyre with 81 percent sustainable materials presented at IAA Mobility 2025. In electric motorsport, as the exclusive tyre supplier for Formula E, the company has earned the FIA’s highest environmental accreditation and is set to introduce the iON Race tyre containing 35 percent sustainable materials.

To accelerate these efforts, Hankook Tire is pursuing open innovation through collaborations with technology partners such as ROTOBOOST and Solvay, focusing on advanced materials like turquoise hydrogen-based carbon black and circular silica. The company is also engaged in national research consortia to validate carbon-reduction technologies and enhance the commercial readiness of sustainable alternatives, consistently aiming to merge high performance with ecological responsibility across its global operations.

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Bridgestone India has reconstructed and revitalised the government school in Kuti village, near the National Automotive Test Tracks (NATRAX) in Madhya Pradesh, under its Corporate Social Responsibility (CSR) initiative. The project directly serves a marginalised community of tribal groups and migrant labourers from states like Uttar Pradesh and Bihar. Previously, the school operated in a perilous and crumbling structure, lacking even basic facilities for its 175 students, despite the steadfast efforts of three teachers. The new, purpose-built campus now provides structurally safe and vibrant classrooms, dedicated child-friendly spaces and access to essential amenities.

This transformation is set to dramatically improve student enrolment and daily attendance by replacing a hazardous environment with one that is secure and conducive to learning. More than just infrastructure, the initiative instils a renewed sense of dignity and aspiration in both students and their families, who work primarily as daily-wage labourers, vegetable vendors and construction workers.

Executed in collaboration with the district administration and education department, this effort reflects Bridgestone India’s core mission of driving long-term social impact through strategic community partnerships. By focusing on critical gaps in educational infrastructure for displaced and underserved populations, the company fosters an environment where children can truly thrive and communities can build a more hopeful future.

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Marking a significant milestone, the Nokian Tyres facility in Oradea, Romania, produced its one millionth tyre of the year on 20 December 2025, thereby reaching its annual production target. This new factory, inaugurated in September 2024, began deliveries in March and is dedicated to supplying passenger car tyres for the European market.

Its inaugural year saw the production of premium models like the Nokian Tyres Snowproof 2 winter tyre, upholding the company’s 90-year legacy of safety and sustainability. The product range expanded this year with the launch of two further tyres for Europe: the Seasonproof 2 all-season and the Powerproof 2 summer tyre, with more new products planned for future manufacture at the site.

Distinguished as the world’s first full-scale zero-CO2-emissions tyre factory, the Oradea plant operates entirely without fossil fuels, employing cutting-edge production technology. Upon its anticipated completion around the end of 2027, it will become Nokian Tyres’ largest global production facility, accounting for roughly 40 percent of total capacity. It represents the company’s third major manufacturing hub alongside its existing factories in Nokia, Finland, and Dayton, US. Currently, the Romanian operation employs over 500 people, underscoring its important role in Nokian Tyres’ strategic European production network.

Paolo Pompei, President and CEO, Nokian Tyres, said, “I am very proud of our entire team for their hard work in reaching this milestone. It is a strong testament to our commitment to customers across Europe, enhancing our service level and delivering innovative products that ensure safety and comfort for drivers in all conditions.”

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