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)
TyreSafe And Road Safety Support Join Forces To Eliminate Tyre-Related Casualties
- By TT News
- April 02, 2026
TyreSafe, UK’s charity dedicated to raising tyre safety awareness, has joined forces with Road Safety Support (RSS), a not-for-profit organisation, in a new partnership rooted in their shared dedication to evidence-led road safety. As TyreSafe nears its 20th anniversary, it views this collaboration as vital to its mission of reducing tyre-related casualties and contributing to the ultimate goal of eliminating death and serious injury on British roads.
Road Safety Support brings specialised expertise to the table, working with police, highways authorities and safer roads partnerships both domestically and overseas. Their wide-ranging services include casualty data analysis, developing enforcement strategies, supporting speed and red-light camera technology, road safety marketing and providing independent expert evidence for traffic prosecutions.
This alliance strengthens TyreSafe’s existing network among enforcement and highways bodies, allowing tyre safety education and enforcement to be better integrated with broader road safety intelligence and operational data. By combining forces, TyreSafe gains access to RSS’s analytical and enforcement expertise to create more evidence-led campaigns, while RSS and its partners benefit from TyreSafe’s deep specialism in tyre condition research and practical guidance.
Underpinning the collaboration is a mutual recognition that reducing road harm demands coordinated, multi-disciplinary action. Both organisations are committed to the Safe System approach, ensuring that safer vehicles – particularly tyres – are given equal priority alongside safer roads, speeds and people. By blending RSS’s strengths in data, enforcement and legal processes with TyreSafe’s two decades of dedicated tyre safety knowledge, the partnership aims to deliver more consistent, informed and impactful road safety outcomes.
Stuart Lovatt, Chair of TyreSafe, said, “Tyre safety is a fundamental part of safe vehicles, yet it is still too often overlooked in the wider road safety conversation. Partnering with Road Safety Support is an important step in ensuring that tyre-related risk is better understood and addressed using robust data and real-world insight. As TyreSafe continues to work closely with police forces, highways authorities and local authorities, this partnership will help strengthen the evidence base that underpins effective enforcement, education and prevention activity.”
Emma Kelly, Development, PR and Advocacy Manager at Road Safety Support and Road Safety Support International, said, “Road Safety Support works with police forces, road safety partnerships and stakeholders to develop robust, evidence-led road safety strategies. Tyre condition plays a vital role in collision prevention, yet it can be underestimated when considering vehicle-related risk. Partnering with TyreSafe allows us to integrate specialist tyre safety knowledge into broader enforcement and safety frameworks, helping partners make more informed decisions and deliver more effective interventions.”
- Nexen Tire America
- Guide To Smarter Driving
- Fuel Efficiency
- Rolling Resistance
- Nexen N’Priz S Grand Touring All-Season
Nexen Tire America’s Guide To Smarter Driving And Lower Energy Costs
- By TT News
- April 02, 2026
Nexen Tire America recognises that with energy and fuel costs continuing to challenge drivers, many are seeking ways to maximise efficiency beyond simply altering their driving routines. While adjusting habits like reducing speed is common, the company points to several overlooked factors that can significantly affect a vehicle’s energy consumption and overall cost per mile.
A critical yet often underestimated element is the role of tyres. Rolling resistance, which is the energy needed to keep tyres moving, directly impacts fuel economy and electric vehicle range. Choosing tyres specifically engineered to minimise this resistance, such as Nexen’s N’Priz S Grand Touring All-Season, can yield noticeable improvements. However, even the best tyres require consistent care; underinflation and misalignment create excess drag that forces the vehicle to work harder, quietly eroding efficiency over time.
External vehicle modifications also play a significant part. Accessories like roof racks and cargo carriers disrupt aerodynamic flow, and even open windows at highway speeds can create more drag than using air conditioning. Driving habits themselves deserve a strategic rethink as well. Opting for a slightly longer route with fewer stops can prove more efficient than a short, start-and-stop journey. Smoother acceleration, gradual braking and coasting to a stop help conserve momentum, which is especially beneficial for regenerative braking systems in electric vehicles.
For electric vehicle owners, additional steps can further extend range. Preconditioning the cabin while the car remains plugged in reduces the strain that climate control places on the battery during travel. Combined with a conscious effort to ease off the accelerator early to maximise energy recovery through regenerative braking, these practices allow drivers to go further on every charge, complementing the efficiency gains from proper tyre selection and mindful driving.
Aaron Neumann, Head of the Nexen Tire America Tech Center, said, “There are several opportunities to improve efficiency that aren’t immediately visible to drivers. From tyre design and maintenance to subtle driving habits, these factors work together to influence how much energy a vehicle uses. By paying attention to the details, drivers can take meaningful steps toward reducing costs and getting more out of every mile.”
- Hankook Tire
- Auto Bild Manufacturer Ranking
- Hankook Ventus evo
- Hankook Kinergy
- Summer Tyres
- All-Season Tyres
Hankook Claims Top Spot In Auto Bild Manufacturer Ranking
- By TT News
- April 02, 2026
Hankook Tire has claimed the top position in the latest Auto Bild manufacturer ranking, securing a dominant presence across key tyre categories. The brand’s ascent was driven by a double test win for its newly launched Ventus evo, which propelled Hankook to share first place in the summer tyre segment. In the all-season category, the company delivered a consistently strong performance, earning third place overall thanks to the Kinergy model series, which accumulated four top placements across various evaluations.
The Ventus evo made an impressive entry into the current tyre season by clinching victory in two separate Auto Bild summer tyre tests, a feat that positioned Hankook as the only manufacturer alongside one other to achieve a double win in the summer tyre manufacturer standings. This debut underscored the tyre’s seamless fit within the premium segment, with the results highlighting its capabilities across critical criteria such as wet braking and dry handling.
In the all-season arena, the Kinergy series demonstrated remarkable consistency across four distinct tests, securing Hankook’s third-place finish in the manufacturer ranking. The model line proved its reliability by delivering strong results across all relevant performance areas, including winter characteristics, further cementing Hankook’s reputation as a dependable leader in that segment.
The Auto Bild manufacturer ranking aggregates results from all tyre tests conducted during the season, assigning points based on a structured system. A test win earns six points, followed by five for an exemplary rating, three for good, two for satisfactory and one for recommended with reservations. Additional bonuses apply, with one extra point for Eco Champion recognition and two for a Green Tyre designation. Across the 2025/2026 season, a total of 67 summer tyres and 61 all-season tyres were evaluated under this framework.
NTD Signs Multi-Year Supply Agreements With Radar, Giti, Cooper and Mickey Thompson
- By TT News
- April 02, 2026
Brisbane-based NTD has strengthened its leadership position in Australia and New Zealand by finalising four exclusive multi-year supply agreements with major global tyre manufacturers. These deals solidify the company’s standing within a regional wholesale and retail sector valued at over USD 11 billion, ensuring long-term collaboration with key suppliers across a diverse array of tyre segments. The agreements with Radar Tyres, Giti/GT Radial, Cooper Tires and Mickey Thompson Tires cover passenger vehicles, SUVs, 4-wheel drives, electric vehicles, light trucks, commercial fleets and specialised applications in agriculture and mining, reinforcing NTD’s ability to serve a broad customer base.
According to NTD’s Chief Executive Officer and Managing Director, Warwick Hay, these partnerships are fundamental to the company’s growth strategy. By securing exclusivity over an extended period, the group can pursue deeper collaboration with manufacturers in areas such as product development, supply planning, and brand building. This structure not only supports commercial flexibility but also enhances supply chain reliability, ultimately ensuring that NTD’s extensive dealer network and customers benefit from consistent product availability.
Two of the newly formalised agreements involve American brands Cooper Tires and Mickey Thompson Tires, both owned by Goodyear. NTD first introduced Cooper Tires to Australia in 1989, and the brand has since become well established in the SUV and light truck segments. Meanwhile, Mickey Thompson Tires maintains a strong focus on high-performance and off-road applications, building on a legacy of innovation in tread design and safety. Representatives from Goodyear and Mickey Thompson noted that NTD’s expertise and commitment have been instrumental in driving brand growth, with the renewed agreements set to build on that momentum.



The remaining two agreements are with Singapore-based entities: Radar Tyres, owned by Omni United, and GT Radial, part of the Giti Group. Radar Tyres has gained recognition in Australia for its value-focused passenger and all-terrain offerings, alongside its distinction as the world’s first carbon-neutral tyre brand. Giti Tire supplies premium products across multiple vehicle categories and has made significant inroads into the electric vehicle segment, supplying original equipment manufacturers such as BYD, GWM and Tesla. Executives from both companies highlighted the combination of global manufacturing capability with NTD’s national distribution network as a key factor in ensuring reliable supply and strong dealer support across Australia and New Zealand.
As the largest independent tyre and wheel importer and distributor in the region, NTD serves more than 4,000 business customers through an extensive network of distribution centres and retail outlets. The company also manufactures retread tyres and provides performance management systems for commercial fleet operators. Hay noted that in a context of global uncertainty, these agreements formalise longstanding supplier relationships while reinforcing continuity of supply. He added that maintaining a broad and dependable product range is essential, particularly as demand grows for eco-friendly, smart and electric vehicle tyres across the diverse sectors the company serves.



Comments (0)
ADD COMMENT