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)
Tyres Europe Backs International Standards As Basis For Tyre Recyclability Assessment
- By TT News
- November 12, 2026
Tyres Europe has underscored that tyres qualify as fully recyclable under ISO 22628:2002 and UN Regulation No. 133, describing the established methodology as a robust foundation for assessing tyre recyclability. The organisation recently set out its position on the matter.
The distinction between recyclability and actual recycling rates is central to the group's argument. Recyclability refers to the technical potential of a product and its materials to be recycled, while the real rate hinges on treatment capacity and demand for secondary raw materials. Regulatory frameworks should therefore separate the two concepts clearly and align with an internationally recognised standard.
Tyres consist of rubber compounds, chemical additives and reinforcing textile and steel cords, and at end of life they are separated into rubber, textile and steel fractions, all of which existing mechanical or chemical routes can recycle. Mechanical processing yields rubber granules and powders usable as secondary raw materials across many applications, recovered textiles can be further processed and valorised, and cleaned recovered steel can re-enter metal recycling and steelmaking.
Tyres Europe pledged continued cooperation with policymakers and value-chain partners to strengthen circularity and maximise recovery of valuable tyre materials in Europe, with the full paper available on its website.
Prinx Chengshan Showcases Comprehensive Tyre Portfolio At 2026 SEMA Show
- By TT News
- November 12, 2026
Prinx Chengshan showcased comprehensive tyre solutions for diverse North American driving needs at the 2026 Specialty Equipment Market Association (SEMA) Show in Las Vegas. The company presented products designed to address the continent's varied geography and climate, where drivers seek year-round performance from a single tyre set.
The PRINX HiSEASON 4S HS1 and Fortune CLIMAFLEX 4S FSR402 deliver consistent grip and handling in snow and wet conditions, with low noise and long tread life balancing comfort and cost efficiency. For off-road capability, the PRINX HiCOUNTRY A/T2 and Fortune TORMENTA A/T 2 provide puncture resistance and traction on unpaved roads, resisting cuts from sharp gravel – suited to 4×4 and SUV owners who combine commuting with off-road excursions.

At the show, Prinx Chengshan's sales team engaged in extensive discussions with North American distributors, channel partners and end users about real-world applications of all-season and off-road tyres. The team gathered substantial firsthand market feedback and reached preliminary understandings on future cooperation, laying a foundation for continued North American expansion.

As Chengshan Group marks its factory's 50th anniversary, Prinx Chengshan continues strengthening international brand presence. In 2026, PRINX entered the European commercial vehicle market, partnered with the Garrett Trucksport team at the FIA European Truck Racing Championship and became an official USL partner. The Fortune brand maintains a strong North American presence through USA Pickleball sponsorships. The SEMA appearance highlights product strengths and globalisation progress as the company pursues coordinated development across overseas capacity, distribution, branding, and supply chain.
TyreSafe Welcomes Nottinghamshire Police As Official Partner
- By TT News
- November 12, 2026
TyreSafe, UK’s leading tyre safety charity, has announced Nottinghamshire Police as an official partner, joining the network of police forces committed to promoting safer tyres and safer roads. The collaboration aims to raise awareness of the essential role tyres play in road safety, urging road users to conduct regular checks and address problems promptly. TyreSafe maintains that partnerships between road safety organisations and police forces are a valuable means of building awareness and helping prevent avoidable incidents.
The partnership arrives amid ongoing road safety concerns in Nottingham and the surrounding county. Department for Transport road safety data, published through its STATS19 dataset, recorded 780 personal-injury collisions in Nottingham in 2025, involving 900 casualties. Eight were fatal and 164 resulted in serious injuries, with the total exceeding the 761 recorded in 2024. Although collisions can have many contributing factors, tyre condition remains an essential element of vehicle safety that every driver can help manage.
Tyres represent a vehicle's only point of contact with the road, influencing grip, braking, steering and stability. Incorrect tyre pressures, damaged tyres and insufficient tread can compromise performance, particularly in wet weather and during emergency manoeuvres. Nottinghamshire Police serves a diverse area of around 834 square miles, spanning Nottingham's urban centre, major towns, rural communities and extensive road networks. Home to approximately 1.16 million residents and two major universities, the area saw more than six billion vehicle miles travelled across Nottingham City and Nottinghamshire County combined in 2025.
Through joint efforts, TyreSafe and Nottinghamshire Police aim to reinforce the importance of regular tyre checks as part of a wider commitment to responsible driving and reducing road casualties. The addition of Nottinghamshire Police strengthens this shared commitment, supporting TyreSafe's work with partners across the country to make tyre safety a priority for every road user.
Stuart Lovatt, Chairman, TyreSafe, said, “We’re delighted to welcome Nottinghamshire Police as an official TyreSafe partner. Police forces play a vital role in keeping our roads safe, and their support helps us reach more drivers with a message that can make a real difference. Tyre safety is sometimes overlooked, yet it is fundamental to how a vehicle performs on the road. Drivers may take care to observe speed limits and remain alert to hazards, but they also need to ensure their vehicles are safe and their tyres are in the right condition for the journey. By working with Nottinghamshire Police and our wider network of police partners, we want to make tyre checks a simple, everyday habit. Checking air pressure, condition and tread depth can help drivers identify problems before they become more serious and contribute to safer journeys for everyone.”
Chief Inspector James Walker, Operational Support department at Nottinghamshire Police, said, “Road safety is a shared responsibility, and ensuring vehicles are safe and roadworthy is an important part of protecting everyone who uses our roads. Tyres are the only point of contact between a vehicle and the road, yet their condition and pressure can easily be overlooked. We’re pleased to be partnering with TyreSafe to help raise awareness of the importance of tyre safety and encourage drivers to make regular checks part of their routine. Taking a few moments to check tyre pressure, tread depth and overall condition can help identify potential problems before they put drivers, passengers and other road users at risk. By working together, we can help spread this important message and support safer journeys across Nottinghamshire.”
Trelleborg Debuts CR3000 And PneuTrac Aqua Agricultural Tyres At EIMA 2026
- By TT News
- November 12, 2026
Trelleborg Tires unveiled two new agricultural tyre solutions at the ongoing EIMA International 2026 in Bologna, Italy, expanding its premium portfolio with products engineered for demanding field applications. The CR3000 and PneuTrac Aqua were presented during a dedicated conference at Hall 14, Stand B2, combining advanced engineering and application-specific technologies developed over decades of expertise.
The CR3000 addresses the harvesting segment, designed for high-power combines operating in challenging conditions. Its Off-Stubble Technology pairs an optimised structure with a dedicated compound to resist crop residue damage, while an interlug design improves self-cleaning and maintains traction across varying soils. Integrated VF-CFO technology reduces soil compaction and supports higher cyclic loads, together extending tyre life and sustaining productivity when harvest hours are critical.
For centre pivot irrigation systems, the PneuTrac Aqua targets continuous operation in wet fields where traction, stability and uninterrupted performance are essential. The tyre combines an airless PneuTrac carcass, an Omega-shaped sidewall using CupWheel technology by Galileo Wheel Ltd. and a ProgressiveTraction tread design. Its puncture-proof construction eliminates maintenance and replacement, while the wide, uniform footprint minimises soil compaction and supports consistent ground contact in water-saturated soils.
Both solutions reflect Trelleborg's focus on helping agricultural professionals maximise productivity throughout the season. The CR3000 delivers stubble protection, high load capacity and extended tyre life, while the PneuTrac Aqua ensures maintenance-free irrigation performance. Together, the launches reinforce the company's commitment to long-lasting value and high performance in the field.
Luca Sabelli, Global Marketing Director, Trelleborg Tires, said, “Innovation is most valuable when it responds to real agricultural needs. CR3000 and PneuTrac Aqua are developed for two highly specialised applications, bringing together advanced engineering and decades of expertise for unmatched productivity. At EIMA 2026, we are proud to showcase these latest innovations and demonstrate how Trelleborg Tires continues to drive the future of agricultural productivity through premium tyre technology.”

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