Silver linings in dark clouds
- By Rajiv Budhraja
- June 16, 2021
However, as is evident now, we were caught unawares. Mutated strain of the virus took India in its stride as we were yet to work out a robust vaccination strategy. To curb the spread and manage the health emergency getting out of control in view of paucity of beds, oxygen and ventilators, a large number of states-imposed lockdowns and other restrictions which continue till date.
As is normal under such circumstances, the economy bears the brunt and that is what seems to have happened. The fragile economic recovery seen in the second half of FY21 seems to have gone derailed. Consumer confidence has hit a new low as shown in a recent survey. Different rating agencies and multilateral organizations have downwardly revised the growth projections for the current fiscal year. From a bullish 11-13% growth (in view of base effect), the projections are now for growths in single digits only.
Needless to say, the pitch for economic revival is queered. But, curiously, as Covid infections come off from the peak levels and the recovery rates go up, a new kind of confidence is building up. The infection rates are coming down with as much alacrity as they had peaked.
Certainly, there is no room for any complacency as premonitions of a third wave have already been made. However, the vaccination strategy to inoculate a large number of Indians by the end of the year holds much hope. It has been observed that those countries that have already inoculated over 50% of their population have witnessed much less morbidity and mortality rates.
What also holds out hope are a range of high frequency indicators which show the resilience of the Indian economy and the entrepreneurship that shines through whenever an opportunity is provided. The economic growth in the fourth quarter of last fiscal has been better than expected. From a contraction of 24.4% and 7.4% in the first and second quarters, the economy turned around in the third one with 0.5% growth and ended the year with 1.6% growth in Q4.
There are a range of other indicators too. Industrial performance measured by IIP grew by 22.3 percent in March. Merchandise exports grew by 197 percent in April. The output of eight core infrastructure sectors grew by robust 7% in March. Manufacturing PMI has remained at a high of over 55 in March and April. GST revenue collection set a new record of Rs. 1.4 lakh crore in April.
If the tyre production data for FY21, as released recently, is anything to go by, Tyre Industry will continue to put the wheels of economy in motion against all odds. No doubt, Tyre Industry's overall numbers are down in FY21. However when looked closely, there is ample evidence that points to the resilience in the sector. Truck & Bus (T&B) tyre production, the bellwether of economy has turned in better performance in FY21 over FY20. And this despite the fact that April’20 was a washout in view of nationwide lockdown. Both T&B and Passenger Car tyre production touched significantly higher figures in March this year with T&B tyre production crossing 20 lakh numbers, a historic high.
FY21 will also go down as a landmark year when Radial Truck & Bus tyre production equalled that of Bias tyre production. Tyre exports from India have charted an upward trajectory in the second half of previous fiscal as the stability was achieved in the exports markets.
Forecast of a normal monsoon (third in a row) and the upcoming festive season can provide much-needed impetus to the economy if vaccination drive accelerates and Covid appropriate measures are followed strictly.
No doubt, the situation is still in a flux, and it is too nascent to gauge the true impact of the second wave on economic growth. But ramping up the vaccination drive and inoculating the entire adult population as early as possible will help.
And there is a major shift again in the vaccination policy. As this column gets on the editor’s desk, the federal government has decided to provide free coronavirus vaccines to states for inoculation of all above the age of 18.
FY 21 could not live up to the expectations that most Indians had. Hope the next year will. (TT)
- Tegeta Green Planet
- Youth Environmental Initiative
- Extended Producer Responsibility
- Environmental Protection
Tegeta Green Planet Launches Youth Environmental Initiative In Batumi Schools
- By TT News
- May 22, 2026
Tegeta Green Planet has launched an educational initiative targeting young people to foster environmental responsibility and awareness. The effort responds to the growing global challenges of sustainable development and environmental protection. By focusing on youth education, the organisation aims to build a foundation for long-term ecological consciousness and active public participation in preserving natural resources.
Operating since 2022, Tegeta Green Planet is among the first entities in Georgia authorised by the Ministry of Environmental Protection and Agriculture under the Extended Producer Responsibility framework. This system is central to modern environmental policy, ensuring full-cycle management of specific waste streams such as used tyres, oils and batteries. The process covers collection, transportation, recycling and further handling aligned with circular economy principles.

As part of this drive, company representatives visited multiple schools in Batumi, a Black Sea coastal city and major tourist hub. Given Batumi’s rapid urbanisation and growing tourism, the need for proper waste management and ecological awareness is especially acute. The interactive sessions included presentations and workshops, teaching students how to handle used tyres, batteries and oils correctly; why such management is vital and how waste can become a resource through circular economy models. Students also learned how individual responsible behaviour affects the environment and the future.
The programme employs a practical format with educational games and activities after presentations, encouraging participants to ask questions and discuss eco-friendly daily choices. Attendees receive symbolic gifts and prizes as motivation. Through this project, Tegeta Green Planet continues its educational work across Georgia, aiming to inform and involve the younger generation in building a cleaner environment. The organisation maintains that environmental care extends beyond waste management to include education and a culture of responsibility for a sustainable future.
TyreSafe And Good Egg Safety Launch National Partnership To Tackle Child Seat And Tyre Risks
- By TT News
- May 21, 2026
TyreSafe and Good Egg Safety CIC have formed a major national partnership to tackle child seat misuse and vehicle safety together. The collaboration unites the UK’s leading child seat safety organisation with the country’s road safety charity, creating a pioneering programme designed to address both risks at scale. Following a planned pilot with Bradford City Council’s Road Safety Team, the initiative will roll out joint child seat and tyre safety check clinics across the UK using a data-led approach that reflects real-world road risks.
Good Egg Safety’s evidence, drawn from over 45,000 child seat checks, shows that more than 60 percent of child restraints are incorrectly fitted or incompatible, with many involving serious errors that could lead to life-changing or fatal injuries. Simultaneously, unroadworthy or illegal tyres remain a critical but often overlooked factor in many collisions. The partnership directly confronts both hazards by protecting children inside the vehicle while ensuring the vehicle itself is safe for emergency manoeuvres.
Good Egg Safety is known for its government-funded Advanced Child Seat Training Programme, which has accredited hundreds of professionals from police, fire and rescue, public health and local authorities. Unlike awareness-only campaigns, its evidence-based and behaviour-led approach has produced average knowledge increases of over 500 percent among professionals and up to 96 percent retention at six months. The new partnership extends this impact into real-world intervention and prevention.
Joint clinics will offer expert child seat checks, identification of high-risk installations, tyre safety inspections including tread depth and pressure and practical pre-journey advice. This whole-vehicle safety model aligns with the UK’s Safe System approach. The partnership will be showcased at the TyreSafe National Briefing in June 2026 and the Road Safety GB National Conference in November 2026, where early findings and national rollout plans will be presented. By combining training, community engagement and hands-on checks, the programme provides one of the most scalable and effective interventions available to protect children on UK roads.
Stuart Lovatt, Chair of Tyresafe, said, “This partnership with Good Egg Safety CIC represents a significant step forward in our shared ambition to reduce avoidable road casualties. By combining expertise in child seat safety with tyre safety checks, we are addressing two critical but often disconnected risk factors in a practical, evidence-led way. The planned pilot in Bradford, followed by national rollout, will allow us to better understand real-world vehicle safety issues and intervene directly with families at the point of need. Working together in this way strengthens the Safe System approach and has the potential to make a measurable difference in saving lives and reducing incidents on UK roads.”
Janis James MBE, CEO, Good Egg Safety CIC, said, “For too long, road safety messaging has treated risks in isolation. In reality, a correctly fitted child seat cannot compensate for a vehicle that cannot stop safely – and safe tyres cannot protect a child who is incorrectly restrained. This partnership is about bringing those two critical elements together in a way that is practical, evidence-led and capable of saving lives at scale.”
Alison Lowe OBE, Chair of the West Yorkshire Vision Zero Board, said, “The fact that two thirds of children are at risk travelling in unsafe seats is deeply troubling. Being a nana myself, I made sure to make use of the Good Egg Safety service and I am very glad that I did. We have worked with them for a number of years to run child car seat checking events. I am pleased to say that another 50 sessions will be taking place over the coming months in West Yorkshire as part of our work to reduce road deaths and serious injury to zero by 2040.”
AZuR To Unveil Alarming Retreading Survey At THE TIRE COLOGNE On 10 June
- By TT News
- May 21, 2026
The Alliance for the Future of Tires (AZuR) is set to publicly unveil new survey findings on 10 June at THE TIRE COLOGNE 2026, located in Hall 7.1 at booth C031 B038. The data reveals a European retreading industry in distress, with three-quarters of international survey respondents characterising the current situation as either critical or declining. Cheap new tyre imports are cited as the primary driver of mounting price pressure.
Conducted in spring 2026 among European tyre and retreading firms and experts, the survey aimed to assess real-world market conditions, success factors and political hurdles. Results show a deeply contradictory landscape: while retreading is acknowledged as a key circular economy technology for climate and resource protection, cheap imports, high energy costs and weak policy support are squeezing businesses. Nearly half of participants describe the industry as under severe pressure, with German players notably pessimistic, though a few see a growing market.
Respondents still see major potential through lower total cost of ownership, high casing quality and closer cooperation among fleets, retailers and retreaders. Cost-per-kilometre models, professional tyre management and transparent environmental, social and governance documentation are highlighted as crucial future strategies to prove economic and environmental benefits.
A strong political appeal emerged, with 88 percent of participants urging green procurement and more public funding. They call for binding sustainability criteria in public tenders, improved regulations and equal treatment of retreaded tyres in European ESG and taxonomy systems. France and Scandinavia are cited as models due to their eco-taxes and national circular economy collaborations. The full results will be discussed at AZuR’s event ‘The Future is retreaded!’ on 10 June at THE TIRE COLOGNE.
Superteam Wheels Launches Ultra SL SE All-Scenario Wheelset
- By TT News
- May 21, 2026
Superteam Wheels, a prominent Chinese manufacturer of carbon fibre bicycle wheelsets, has introduced a new flagship carbon fibre wheelset, the Ultra SL SE, designed to resolve the performance trade-offs faced by road cyclists. Riders have long been forced to choose between lightweight designs lacking stiffness or rigid wheelsets too heavy for long distances. The new model integrates mature Chinese manufacturing with DT180 hubs, carbon spokes and aerodynamic optimisation for professional racing, training and casual riding.
Unlike single-function wheelsets, the Ultra SL SE is engineered for full-scenario adaptability. Weighing only 1,210 grammes, the wheelset achieves a lightweight breakthrough without compromising rigidity. The DT180 hubs enable direct power transmission for sprinting, climbing or cruising. The wheelset adapts seamlessly to flat roads, rolling terrain and climbs.
Compared to the classic H2 model, the Ultra SL SE brings three major upgrades: lighter weight, DT180 hubs and a redesigned circular rim. It retains H2’s stiffness and shark fin bionic aerodynamics. At 40 kmph, wind resistance drops by 17.62 percent.
The 51-millimetre front rim and 48-millimetre rear rim create a three-millimetre difference. The higher front rim enhances stability and resists crosswinds, while the lower rear rim reduces drag. This design balances controllability and aerodynamics.

Superteam selected DT180 hubs for their precision and low rolling resistance, combined with carbon spokes. The Ultra SL SE delivers professional race-level performance at a friendly cost, offering lightweight portability, rigid power transmission and all-scenario adaptability.


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