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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Michelin has launched the new Anakee Adventure 2, a tyre aimed at the Trail motorcycle segment and engineered to deliver safety, pleasure and freedom for the modern rider. This product is a strategic pillar in the company's global vision for the Trail category, designed for those who navigate daily commutes but live for the spirit of exploration.

The MICHELIN Anakee Adventure 2 is developed for predominantly road-based use while retaining confident off-road capability. It meets the needs of discerning riders who demand safety in everyday conditions alongside the ability to spontaneously explore beyond paved surfaces. The tyre promises enhanced wet grip through advanced silica-based compounds and offers improved longevity, with significant increases in mileage over its predecessor. It also provides superior riding comfort through reduced noise perception, leading to less fatigue. Its versatility is confirmed by an M+S marking and a tread pattern optimised for effective traction on varied terrain.

These benefits are achieved through Michelin's latest technologies, including a dual-compound construction for durability and grip, reinforced casing architecture for stability and comfort, and a new tread design that balances on-road refinement with loose-surface traction. The tyre also features a premium sidewall design to complement the aesthetic of modern adventure motorcycles. It is available for a comprehensive range of flagship models from manufacturers such as BMW, Honda, Ducati, Triumph and KTM.

This launch completes Michelin's strategic Trail portfolio, which ranges from purely road-focused tyres to those with off-road bias. The introduction of the Anakee Adventure 2 is a key component of Michelin's broader ambition to become a leading force in the Trail segment by 2030. This strategy is built upon strengthening brand image through motorsport heritage, fostering a dedicated rider community via engagement initiatives, and expanding original equipment partnerships with major motorcycle manufacturers. The MICHELIN Anakee Adventure 2 is available globally through authorised dealers.

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Michelin will join Team Picnic PostNL as an official technical partner from 2026 onwards, signalling the tyre manufacturer's high-profile return to elite road racing. This alliance is founded on a shared drive to expand performance boundaries through dedicated innovation. Rather than a mere supply agreement, the collaboration entails a deep technical union between the brand’s engineers and the team’s performance specialists. The primary goal is to validate Michelin tyre capabilities under the most demanding race conditions and to jointly pioneer next-generation technologies.

Team Picnic PostNL, a leading World Tour squad with men’s, women’s and development rosters, will exclusively race on state-of-the-art tyres co-developed with Michelin, set to debut in competition this coming February. This partnership embodies a modern and ambitious sporting vision, uniting both entities under core values of elite performance and innovation. Data and feedback gathered across all racing programmes will fuel a continuous cycle of optimisation, aimed at propelling the team to the podium while simultaneously accelerating the development of future consumer tyre products.

For Michelin, this venture integrates competition directly into its global innovation strategy, using the rigours of world-class cycling as a dynamic proving ground and beacon for technological advancement.

Vincent Ledieu, Director – Cycling Programme, Michelin, said, “By partnering with Team Picnic PostNL, Michelin is showing its support for the world of top-level road cycling. Working closely with the riders and the whole team allows us to better understand the demands of competing at the highest level. This partnership allows us to continue to develop innovative tire technologies while supporting Team Picnic PostNL's ambitions in World Tour competition.”

Piet Rooijakkers, Team Picnic PostNL's R&D expert, said, “Our partnership with Michelin allows us to have very high-quality equipment that is perfectly suited to the demands of the World Tour. By working closely with their engineers, we quickly turn user feedback and performance data into actionable improvements. This process of continuous learning and optimisation is essential for Team Picnic PostNL, and we see this collaboration as an important step in pushing performance to the next level.”

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Toyo Tires has made its way to the annual A-List of CDP for its climate change mitigation efforts. This premier recognition, awarded for the first time to the company in the 2025 evaluation, reflects the company’s comprehensive decarbonisation efforts, which include validated science-based targets for cutting greenhouse gas emissions and a shift towards renewable energy at its production sites. CDP’s annual assessment is a key benchmark for corporate sustainability across climate, water and forests.

The assessment also highlighted Toyo Tires' commitment to transparency, as verified by independent third-party data reviews. Viewing its business activities as intrinsically connected to society and the future, the Toyo Tires Group treats reducing environmental impact as a top operational priority.

Moving forward, the company is dedicated to advancing decarbonization across all its manufacturing processes and broader supply chain, aiming to support a sustainable global society.

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Apollo Tyres Ltd has introduced a new and more affordable range of gravel tyres under the Vredestein Aventura Core Series. This new-generation family consists of three distinct models: the Aventura Seta Core, Aventura Core and Aventura Grezzo Core. Engineered in Europe, these tyres are built for enhanced durability and dependable performance across diverse surfaces, offering riders a cost-effective upgrade for adventure biking.

The series is constructed around a streamlined Core platform, which incorporates a robust 60 TPI casing for increased puncture resistance and stable handling on uneven terrain. While utilising the proven tread patterns of existing Vredestein gravel tyres, this refined construction delivers high-end capability at a more accessible price point.

Each model is tailored for specific riding conditions. The Aventura Seta Core is designed for speed, with a race-optimised tread for fast rolling on asphalt and high-speed gravel, complemented by shoulder knobs for technical cornering. For versatile, everyday use, the Aventura Core offers a balanced blend of rolling efficiency and predictable grip across tarmac, hardpack and gravel roads. Finally, the Aventura Grezzo Core provides confidence on loose and rugged terrain, featuring an aggressive tread for enhanced traction in sand and soft surfaces, while its chained centre tread maintains efficiency on harder ground.

The Aventura Core Series will be available starting 1 February 2026. The Aventura Seta Core comes in 40, 45 and 50-622 sizes. The Aventura Core is offered in 50-584 and 40, 45, 50-622 sizes. The Aventura Grezzo Core is available in 50-584 and 40, 45, 50-622 sizes. Colour options include black/black and black/transparent sidewalls.

Nic Knippers, Division Head – Vredestein Two Wheel Tyres, Apollo Tyres Ltd, said, “The Aventura Core Series marks an important expansion of our gravel offering within the Vredestein range. By introducing three purpose-designed tyres built on a shared durable foundation, we can better support riders across the full spectrum of gravel terrain – from high-speed racing to off-road exploration and everyday mixed-surface riding.”

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