As per Govt. of India’s Automotive Mission Plan, by 2026, India will be the third largest automobile manufacturer globally, 12% of GDP will be from automobile sector and will generate around 65 million employment. As per Rubber Skill Development Council (RSDC), in the next decade, 1 million trained and skilled manpower will be required in the Indian Rubber MSME sector including organized Tyre & non tyre sectors. This translates to 1 lakh people have to be trained every year. This is a gigantic task and it requires to create significant infrastructure for skill development & training in the country for rubber sector.

Centre of Excellence

Encouraged by our Hon’ble. Prime Minister’s Skill India Mission and Atmanirbhar Bharat and continuous effort for Skill development & to enhance indigenous technology development capability, we the members of Indian Rubber Institute (IRI) took initiative to establish Centre of Excellence for Rubber Technology Education, Training, Research, Testing and Skill Development at JSS Science & Technology Campus, Mysuru. The JSS Mahavidyapeetha Management were kind enough to provide 10,000 sq.ft land area on long lease for establishment of this centre. In this regard, IRI has signed an MoU with JSS MVP on 18th March 2021. IRI decided to dedicate this Centre of Excellence under the name of late Dr D. Banerjee, who is known as Father of Indian Rubber Industry. This Centre is aimed to be empanelled with RSDC / NSDC, Ministry of Skill Development & Entrepreneurship, Govt. Of India as a premier institute for Skill Development for rubber sector in India. We envisage that this center would not only generate employment but also produce a large number of entrepreneurs, who in turn would generate further employment and contribute to MSME segments. Apart from producing skilled manpower, this Centre is also planned to provide Rubber product development, consulting and testing services to the rubber industry in order to become self-sustainable Centre in future.

The construction of the 32,000 sq. ft. building for proposed Centre of Excellence already completed. This building consists of one auditorium (seating capacity 225 people), two training halls, one library-cum-documentation centre, one workshop, rubber processing lab and various testing laboratories (Physical, Analytical, Chemical & characterization) including data analytic lab for training, skill development and hands on training on equipment & machineries for rubber & allied industries including tyre testing and auto rubber component testing facility. These testing facilities will cater the needs of meeting skill requirement of Emerging Legislations & Regulations in automobile and tyre industries like Fuel Efficiency, Safety, etc.

The estimated cost of this establishment is around Rs 60 Crores for Building, Furniture/fixtures and equipment/machinery in three phases. National Skill Development Corporation (NSDC), under Ministry of Skill Development & Entrepreneurship and Rubber Skill Development Council (RSDC) are helping IRI to establish the centre.

Activities of Dr. D Banerjee Centre of Excellence

• To fulfil the objective of Indian Rubber Institute

• To provide sustainable employment and improved quality of life to more than 20,000 people through implementation of this project in next seven years in association with RSDC/NSDC.

• Entrepreneurship Development - To upgrade skill of workers in rubber & allied industry (MSME Sector) and to encourage entrepreneurship through appropriate skill & technology interventions as to enable them to produce quality rubber products at a competitive price.

• Providing training to increase the productivity & efficiency of MSME Sector in Rubber & Allied industry.

• Testing, Benchmarking, Reverse Engineering, Failure Analysis, Compound Development, Product Development, Simulation & Modeling, Data Analytics and Certification for tyre & non tyre sector (Tyre Testing and Auto Rubber Component Testing facility)

• Technology Development for Rubber MSME sector for creating new avenues for sustenance of MSMEs in rubber industry - To create Design Studio for development of new products / designs and prototypes to cope with diversification and changes in use of rubber in the industry

• To create Centre of excellence with well integrated forward and backward linkages.

• To impart with latest information regarding technology, process, marketing and the changing needs of customers.

• To coordinate with all associations (AIRIA, ATMA, ACMA, SIAM, SAE, IITs & Other Universities for promoting Rubber Technology Education, Training, Skill Development, Testing and R&D for Rubber and allied industries.

• Continue to offer Diploma & Post Graduate Diploma in Rubber Technology in association with RTC, IIT Kharagpur and expanding to neighbouring countries (Sri Lanka, Thailand, Malaysia, Vietnam etc.)

• Starting of B.Voc. Course in Rubber Technology in association with JSS Science & Technology University, Mysore and Rubber Skill Development Council (RSDC).

• Jointly conducting short term courses, workshops, seminars & conferences with Department of Polymer Science & Technology, JSS S&T University, Mysore and other Universities/institute of national importance.

• This centre will act as a Nodal Centre for Skill Development and Training in Rubber Sector in Southern Region in particular in the State of Karnataka. (TT)

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TVS Srichakra reported higher revenue and profit for the financial year ended March 31, 2026, supported by stronger operating performance and exceptional gains.

The tyre maker reported standalone revenue from operations of INR 33.9 billion for FY26, compared with INR 30.2 billion a year earlier. Profit before tax rose to INR 1.1 billion  from INR 486.1 million in FY25, while net profit increased to INR 827.1 million from INR 369.6 million.

For the quarter ended March 31, 2026, standalone revenue from operations rose to INR 9.1 billion from INR 7.5 billion in the corresponding period last year. Profit before tax increased to INR 456.2 million from INR 118.4 million, while quarterly net profit rose to INR 346.2 million from INR 105.9 million.

The company recorded an exceptional gain of INR 29. Million m for FY26, compared with an exceptional charge of INR 114 million in the previous year. During the March quarter, exceptional gains stood at INR 8.9 million.

TVS Srichakra said the exceptional items included grant income linked to investment promotion incentives sanctioned by the Government of Tamil Nadu through the State Industries Promotion Corporation of Tamil Nadu. The company also accounted for expenditure related to a voluntary retirement scheme and recognised an incremental obligation arising from the implementation of the Labour Codes.

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Goodyear India reported higher profit for the financial year ended March 31, 2026, supported by an exceptional gain during the period.

The company posted profit before tax of INR 831.6 million for FY26, compared with INR 746.8 million a year earlier. Net profit for the year rose to INR 615 million from INR 551.2 million in FY25. Earnings per share increased to INR 26.66 from INR 23.90.

For the quarter ended March 31, 2026, Goodyear India reported profit before tax of INR 133.3 millon, against INR 333.5 million in the corresponding quarter a year earlier. Quarterly net profit stood at INR 96.9 million, compared with INR 245.3 million in the previous-year period. Earnings per share for the quarter declined to INR 4.20 from INR 10.68.

The company recorded an exceptional item of INR 217.7 million during FY26. In the March quarter, the exceptional item stood at INR 198.3 million.

Goodyear India said the exceptional item was linked to a reassessment of liabilities relating to gratuity and compensated absences under the Labour Codes. The reassessed amount relating to previous periods was reclassified from employee benefits expense to exceptional item in the financial results for the quarter ended March 31, 2026.

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Kumho Tyre UK is set to return to the Road Transport Expo (RTX) 2026, scheduled from 30 June to 2 July at Stoneleigh Park. The company continues to emphasise dependable tyre solutions tailored for United Kingdom fleet operators, reaffirming its commitment to the commercial vehicle sector.

At Stand R37 in Exhibition Hall 1, attendees can examine Kumho’s latest commercial vehicle tyre range, engineered for applications spanning long-haul motorway driving to regional and local delivery routes. The display highlights the regional multi-performance lineup, including the KXA31, KXD31 and KXT31. Designed for mixed-use fleets navigating motorways, A-roads and urban settings, these tyres balance durability, mileage and efficiency to maximise performance across varied routes.

Also on show are the KMA12 and KMD41, developed for mixed service applications where robust construction is vital to maintaining uptime. Engineered for tougher conditions, they offer enhanced durability for demanding environments. Kumho’s RTX presence underscores its ongoing support for fleet operators with high-quality, value-driven solutions focused on performance, longevity and real-world reliability.

Kumho’s TBR sales team and executive management will be available throughout the event to discuss fleet requirements and the company’s growing retailer network. Visitors can enjoy refreshments while learning about the expanding CV portfolio.

Richard Lyons, Managing Director, Kumho Tyre UK, said, “We’re looking forward to returning to RTX and building on the conversations we started last year. It’s a great opportunity to meet with fleets face-to-face, showcase the strength of our CV range and demonstrate the quality and performance that underpins the Kumho brand.”

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Prinx Chengshan has introduced a new line of agricultural tyres at the 2026 Xinjiang International Agricultural Machinery Expo, which opened in Urumqi on 25 May. The Chengshan brand showcased products specifically designed for tractors and combine harvesters, responding to the growing performance demands of large-scale machinery driven by agricultural modernisation.

As tyres play a critical role in equipment efficiency, Prinx Chengshan has developed a full-chain innovation system covering fundamental research, application development and pilot verification. With a newly launched green and intelligent off-the-road tyre plant, the company now offers agricultural tyres that excel in durability and load capacity, providing cutting-edge solutions for global customers.

The Chengshan TX series addresses specific operational needs. The TX600, for tractors, features large tread lugs and flexible sidewalls to ensure stability and comfort during high-speed relocation. The TX700 uses a reinforced carcass and belt structure to handle heavy combined loads without deformation. The TX800 incorporates an R-1W deep tread pattern and wear-resistant compound to withstand sharp stubble, gravel and roots, extending tyre life and lowering costs. For combine harvesters, the TX2000 uses proprietary IF technology to deliver 20 percent higher load ratings at the same pressure, reducing soil compaction and protecting topsoil.

Moving forward, Prinx Chengshan will continue its product plus service strategy, supporting modern agriculture alongside global partners. The company aims to advance green farming practices and contribute to a sustainable future.

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