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)

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TyreSafe, UK’s charity dedicated to raising tyre safety awareness, has issued a fresh warning to owners of caravans, motorhomes and trailers as vehicles emerge from winter storage, highlighting a significant rise in towing-related incidents across UK roads. New data reveals that between 2022 and 2024, there were over 16,700 incidents involving towed vehicles on the Strategic Road Network, with a 16 percent increase over that period. The majority were breakdowns, and trailers made up the largest proportion, followed by caravans and horseboxes. With nearly four out of five such incidents classed as breakdowns and many considered preventable, TyreSafe stresses that tyre condition and air pressure are essential checks after prolonged periods out of use.

Tyres can deteriorate while stationary, even when they appear undamaged. Air pressure often drops during storage, and combined with rubber degradation, this greatly raises the risk of failure once back on the road. For caravan owners, under-inflated tyres can lead to instability or snaking, especially in crosswinds or when passed by large vehicles, while the extra flexing increases the chance of tread separation under heavy loads. Motorhomes face distinct risks due to their heavier, permanently laden construction, which places sustained strain on tyres. A blowout can be harder to control given the higher centre of gravity, and flat spotting from long storage periods may cause internal damage that manifests as vibration at speed. Horseboxes and trailers stored for extended intervals are equally vulnerable, as tyres can suffer internal weakening without visible signs.

Correct tyre pressure on the towing vehicle is just as critical. Under-inflated rear tyres can cause the vehicle to sag under nose weight, altering weight distribution and reducing steering precision and braking effectiveness. Pressures should always be adjusted according to manufacturer recommendations for towing loads. Motorhome owners must also pay attention to CP-marked tyres, which are specifically designed for camping vehicles and often require significantly higher pressures—sometimes up to 80 PSI—compared to standard car tyres. Using lower car-type pressures leaves them dangerously under-inflated, leading to excess heat, sidewall stress, and potential failure.

Tyres that have lost pressure are more prone to overheating, rapid wear and sidewall cracking, which occurs when rubber polymers degrade. Cracking can appear on the sidewall or tread even in lightly used tyres, particularly if storage conditions are poor, and can compromise structural integrity over time. Factors such as air loss while stationary, oxidation, UV and temperature extremes, ozone exposure and improper storage all contribute to deterioration. Unlike regularly used vehicles, stored vehicles miss out on the benefits that help maintain tyre flexibility and pressure stability.

TyreSafe urges road users to embrace the simple ACT protocol: regular checks of air pressure, condition and tread depth.

Stuart Lovatt, Chair of TyreSafe, said, “With towing incidents rising, tyre safety has never been more important. Air pressure naturally reduces over time, and tyres that are both under-inflated and degraded are far more likely to fail. When towing or driving a motorhome, tyres operate under higher loads and stresses, so even small weaknesses can have serious consequences.”

Sarah Smithurst MBE, Chief Operating Officer, NTTA, said “Many caravans, trailers and horseboxes spend months in storage over the winter, and during that time, tyres can slowly lose pressure or begin to deteriorate without the owner realising. Because these tyres are often carrying heavy loads when they return to the road, even small issues can quickly become serious safety risks.

“Before towing for the first time each season, owners should take the time to check tyre pressures against the manufacturer’s recommendations and carefully inspect the tyres for signs of cracking, damage or excessive wear. It’s also important not to overlook the tyres on the towing vehicle itself, as they play a vital role in maintaining stability and control when towing. A few simple checks before setting off can make a significant difference to safety and help prevent avoidable breakdowns or incidents on the road.”

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Mitas has launched MITRAK, a new series of rubber tracks crafted to meet the rigorous demands of modern farming. By merging robust engineering with advanced materials, this range is built to endure challenging field conditions while promoting soil-friendly operation, allowing agricultural professionals to work productively without compromising the health of their land.

Engineered for an extended service life, MITRAK tracks feature a resilient internal structure that ensures uniform strength throughout. This design supports heavy loads and maintains consistent, dependable performance in the toughest operating environments. A specialised tread compound further enhances durability by resisting wear, cuts and everyday abrasions, while a reinforced track body improves balance and distributes stresses evenly for smooth, reliable operation across the entire contact area.

Beyond raw durability, MITRAK prioritises soil preservation through reduced ground pressure and optimised flotation. This approach minimises soil compaction, boosts traction and enhances overall field efficiency, enabling operators to cover more ground while safeguarding vital soil structure. With this introduction, Mitas continues to expand its portfolio of advanced agricultural mobility solutions, delivering performance where it matters most.

Roberta D’Agnano, Global Marketing Director Mitas, Yokohama TWS, said, “With MITRAK, we open a new chapter for Mitas, entering the agricultural rubber track segment for the first time and taking a decisive step in the evolution of our brand. This step reflects our ambition to offer farmers a truly complete portfolio, capable of supporting every application and every field condition. Rooted in our core values of strength, reliability and respect for the land, MITRAK is designed to boost productivity, ensure long-lasting performance and protect the soil, because real performance should always leave the right track.”

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Hankook has confirmed its partnership for the 2026 Devon Truck Show, which is scheduled to take place from the 22nd to the 25th of May at Smeatharpe Airfield in Honiton. As a prominent fixture in the UK’s regional transport calendar, this event draws fleet operators, independent drivers and industry professionals from the Southwest and across the country. Beyond serving as a vital hub for networking and product exploration, the show offers a rich lineup of entertainment and activities suited for all ages.

At the Hankook exhibition space, attendees will encounter a diverse array of commercial vehicle tyres. The lineup includes the SmartFlex AH51 for steer axles and the SmartFlex DH51 for drive axles, both recognised for delivering strong grip and consistent mileage performance throughout their lifespan. Also on display will be the SmartFlex TH31 trailer tyre, alongside the Vantra Transit, a summer tyre engineered specifically for contemporary vans and transporters.

The brand’s Laufenn range will also be featured, offering specialised options such as the LZ22 all-weather drive tyre built for regional use, the LF21 all-position tyre valued for its wear resistance and the LF95 trailer tyre designed to withstand demanding conditions. Visitors can additionally explore the Dynapro HP2, a premium summer tyre for SUVs, as well as the iON evo SUV, an electric vehicle tyre developed to provide reliable wet grip and steady performance.

Beyond showcasing its products, Hankook will serve as a main event sponsor and will present the awards for Best Truck and Best Van. These honours are intended for drivers and businesses that demonstrate outstanding commitment to vehicle presentation, regular maintenance, proper tyre care and overall road safety, celebrating excellence among those exhibiting at the show.

Jon Cottrell, TBR Sales Manager, Hankook Tyre UK, said, “We’re delighted to continue our partnership with the Devon Truck Show. These events provide a fantastic opportunity to connect directly with truck owners, drivers and enthusiasts who live and breathe the industry. We’re proud to showcase our popular range of truck tyres and engage in meaningful conversations about real-world performance with those who know it best. If you’re as passionate about trucks and tyres as we are, we look forward to welcoming you to our stand and hope you enjoy the show as much as we do.”

Mike Quartley, Event Director, said, "Hankook’s ongoing support has been instrumental in the growth and success of the Devon Truck Show over the years, and we are thrilled to welcome them back as a main sponsor for 2026. Attendees can once again look forward to an unforgettable weekend, packed with cutting-edge trucks, high-energy monster truck displays, live entertainment and much more. Hankook’s partnership not only helps make the event a standout showcase for the transport industry but also allows us to support vital local community projects.”

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Hankook Tire has once again demonstrated its standing as a global quality leader, having been presented with the 2025 QR ZERO AWARD by the American automotive brand Ford. The formal recognition took place on 25 March 2026 at Technoplex, the company’s headquarters in Pangyo, South Korea, underscoring the strength of its manufacturing and quality management systems on an international stage.

This accolade represents the highest form of quality recognition from Ford, reserved exclusively for supply partners that achieve exceptional performance over the course of a year. The criteria are deliberately stringent, requiring zero quality rejections in parts supply alongside a complete absence of warranty claims. Winning the award signals Ford’s full endorsement of Hankook Tire’s advanced quality control processes and its proven ability to deliver products with unwavering reliability.

A central contributor to this achievement was the Geumsan Plant, which supplies original equipment tyres for the Ford F-150, a top-selling pickup truck. This facility distinguished itself as the first among Hankook Tire’s eight global manufacturing sites to earn the QR ZERO AWARD, driven by a company-wide ‘Quality No.1’ strategy that leverages artificial intelligence and big data analytics. The honour further validates Hankook’s expertise in product development and its capacity to meet the demanding standards of a major automotive partner.

The relationship between the two companies extends back to 1999, when Hankook became the first Asian tyre maker to form a strategic partnership with Ford, followed by original equipment supply for the F-150 beginning in 2003. Over the years, this collaboration has expanded to include key models such as the Mustang, Explorer and Ranger, as well as the all-electric Mustang Mach-E, showcasing Hankook’s advanced capabilities in electric vehicle tire technology. Reinforcing this legacy of excellence, all eight of Hankook’s global manufacturing facilities have now attained Ford’s Q1 Award, a designation reserved for partners meeting the automaker’s most exacting standards in quality, production systems and innovation.

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