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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Nokian Tyres has launched its ‘Carve the Corners’ contest, offering hockey fans in United States and Canada a chance to win a trip to the 2026 IIHF Ice Hockey World Championship. The promotion runs from 6 February to 20 March. Entrants can visit a dedicated page on the company’s website for their opportunity to win an all-expenses-paid experience. This includes airfare, lodging and tickets to the semifinal games in Zurich, Switzerland, on 30 May. One winner will be randomly selected from each country, each receiving a trip for themselves and a guest.

The tournament itself, for which Nokian Tyres is an Official Sponsor for a two-year period, takes place from 15 to 31 May. It is the world’s largest annual winter sports event, featuring 64 games where 16 top national teams compete for the World Champion title, captivating millions of viewers. Beyond the grand prize, the contest page allows participants to predict the tournament’s overall winner and leading scorer, and also provides information on Nokian Tyres products.

The company is promoting the campaign extensively. Efforts include social media outreach on platforms like Facebook, Instagram, TikTok and Threads, where followers can find competition updates, driving tips and hockey-related content. Nokian Tyres is also working with its network of tyre dealers and hockey media across both countries to raise awareness. This broader campaign involves dealer showrooms, podcast discussions and various grassroots channels. Additionally, a separate contest is available exclusively for tyre dealers, offering them a chance to win tickets to the championship, promoted through the company’s dedicated dealer communications.

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MRF Limited reported a 15 per cent rise in consolidated total income for the third quarter ended 31 December 2025, supported by stronger demand across original equipment and replacement segments.

Total income rose to INR 81.75bn, compared with INR 70.99bn in the corresponding quarter a year earlier. Consolidated profit before tax increased to INR 9.17bn, up from INR 4.24bn a year earlier, after providing for an exceptional item of INR 0.77bn related to the new Labour Code.

Provision for tax during the quarter stood at INR 2.25bn. Consolidated net profit more than doubled to INR 6.92bn, compared with INR 3.15bn in the corresponding quarter of the previous year.

The company said both original equipment and replacement sales were robust during the quarter, aided by higher demand following the reduction in goods and services tax rates. Rural demand also improved, supported by good and widespread monsoons.

MRF said demand momentum from lower GST rates was expected to continue into the fourth quarter. Original equipment manufacturers were also expected to raise production levels, driven by higher anticipated sales and lower channel inventories.

The company said increased government spending on infrastructure, announced in the Union Budget, was positive for commercial vehicles and, in turn, the tyre industry. It also noted that trade agreements under discussion with several countries, including the European Union and the United States, could create export opportunities in the future.

The board of directors declared a second interim dividend of INR 3 per share, representing 30 per cent on the face value of INR 10, for the financial year ending 31 March 2026.

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TVS Srichakra Limited has approved a capital investment of up to INR 21 billion to expand manufacturing capacity at its Unit 2 facility in Rudrapur, Uttarakhand.

The decision was taken by the board of directors at a meeting held on recently, the company said.

The investment will be directed towards capacity addition at the existing plant, which currently has an annual production capacity of about 9.2 million to 9.5 million tyres. Capacity utilisation at the unit stands at roughly 80–85 per cent.

The proposed expansion is expected to raise capacity by about 40–45 per cent and is scheduled to be completed in the first half of the 2027–28 financial year.

The company said the investment would be funded through a combination of internal accruals and debt. The expansion is intended to meet growing demand for the company’s two-wheeler and three-wheeler tyres.

TVS Srichakra disclosed the development under Regulation 30 of the Securities and Exchange Board of India’s listing regulations.

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At a meeting of the Pirelli Board of Directors, the management presented an analysis of the evolving automotive competitive landscape. This environment is now defined by increasingly integrated and connected systems, such as software-defined vehicles and autonomous driving, which have transformed the tyre into a sophisticated, data-driven component. In this context, Pirelli’s pioneering Cyber Tyre technology – a hardware and software system that communicates in real time with both vehicles and road infrastructure – was underscored as a critical strategic asset. Its validity is confirmed by adoption from major prestige car manufacturers and relative agreements with the Apulia Region, Movyon and Anas for smart road services.

Following this assessment, CEO Andrea Casaluci presented a clear position, asserting that all Cyber Tyre activities must continue to be developed in a fully integrated manner with the rest of the Pirelli Group, both functionally and organisationally. He emphasised that management must align completely with the Group’s strategic and industrial approach, expressly rejecting any project that could lead to even partial compartmentalisation, separation or segregation of this business unit. The Board voted on this management consideration, resulting in nine votes in favour and five against. Directors Chen Aihua, Zhang Haitao, Chen Qian, Fan Xiaohua and Tang Grace cast the dissenting votes.

The management further detailed the substantial risks of fragmenting the Cyber Tyre operations, arguing such a move would be unworkable. It would critically undermine the integrated business model that relies on constant interplay between technology, innovation, production and marketing. Isolating the Cyber Tyre business would involve transferring related patents, thereby stripping Pirelli of free access to its own strategic know-how and contradicting core principles of the company Bylaws. This segregation would weaken technological development, erode Pirelli’s competitive edge and innovative leadership and reduce synergies while increasing costs through duplicated structures. Ultimately, it would trigger significant value destruction, impair financial solidity and still fail to address the limitations imposed by relevant US legislation.

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