The launch of the Dr D Banerjee Centre of Excellence at JSS Technical Institutions marks a pivotal step towards transforming India’s rubber and tyre industry. By fostering collaboration between academia and industry, the centre aims to break longstanding deadlocks, equipping the workforce with advanced skills and driving innovation in polymer science and sustainable rubber technologies. With a focus on supporting MSMEs and addressing emerging challenges, especially those posed by electric vehicles and stricter regulations, the DBCOE seeks to become a national hub for research, training and certification, ultimately positioning India as a leader in the evolving global rubber sector.

The Indian Institute of Rubber (IRI) and JSS Technical Institutions inaugurated the Dr D Banerjee Centre of Excellence (DBCOE) recently at the Raghupati Singhania auditorium at JSS Technical Institutions’ Mysore campus.

The institute will serve as a proactive platform for academic and industrial collaboration for polymer science and rubber technology aiming to bridge different industrial deadlocks within the rubber industry.

The event was attended by JK Tyres and Industries CMD Dr Raghupati Singhania, Mysore District Magistrate Lakshmikanth Reddy (IAS), H.H. Jagadguru Sri Shivarathri Deshikendra Mahaswamiji, IRI Chairman Dr R Mukhopadhyay, IRI Vice Chairman V K Misra and industry veteran P K Mohamed, among others.

Setting the stage for the occasion, Mahaswamiji stated, “This is a remarkable coincidence that JSS Science and Technology is associating with Dr D Banerjee Centre of Excellence to usher in new vistas for innovation in rubber technology, where science meets technology for the benefit of society. The centre is dedicated to focusing on innovation, research and new product development and creating high-performance tyres, thereby contributing to sustainability efforts by developing eco-friendly tyre technologies.”

Drawing on the same lines, Misra went on to say, “This is a dream come true as the decision was taken to establish a Centre of Excellence at the occasion of IRCO RubberCon Conference held at Chennai in the year 2015. It gives all of us an immense sense of pride to be associated with the establishment of this Centre of Excellence. It will provide a unique platform to the rubber and allied industry for skill development, training, technology development etc. in the coming years.”

The centre honours the contribution of Dr Banerjee, a pioneering figure in Indian rubber and tyre technology. The initiative was supported by JSS Mahavidyapeetha, IRI and numerous industry leaders and technologists.

Dr Singhania was recognised at the event not only for his leadership in the tyre industry but also for his commitment to nation-building and youth empowerment.

“I am glad that the Indian Rubber Institute, in association with JSS Mahavidyapeetha and the larger Indian rubber fraternity, has set up this centre in memory of Dr Banerjee, the doyen and father of the Indian rubber industry. It is heartening to know that this Centre of Excellence has been established with a clear and noble vision. In fact, this initiative resonates deeply with our Prime Minister’s vision of a ‘Skilled India Mission’,” said Dr Singhania.

He added, “This centre has the potential to play a vital role in realising the vision within the rubber sector. I was delighted to tour the centre and see the comprehensive infrastructure and facilities put in place to fulfil these objectives. I am confident that this centre will soon earn the reputation and recognition it rightly deserves.”

A FULFILMENT CENTRE

According to Dr Singhania, in India’s rapid growth trajectory, institutions like this will play a crucial role in empowering youth with the skills needed to serve this vital sector. Vocational education is a key enabler of employability and plays a transformative role in facilitating a smooth transition of individuals into the industrial workforce.

“I am tempted to share our own experience with industry-academia partnership. We have been successfully running one at IIT Madras for the last 18 years. I believe this kind of close collaboration between industry and academia is something we have been missing in India, and it is indeed a critical step forward,” he stated.

India today stands at a unique juncture with a demographic advantage expected to last for the next 25–30 years. Equipping the population with the right skill sets – both technical and entrepreneurial – opens the opportunity to transform an advantage into a demographic dividend that drives economic growth not just within India but globally.

The employment landscape is evolving rapidly. Business models are being disrupted and new job roles are emerging at an unprecedented pace. The skills and job profiles that were relevant five years ago may no longer be sufficient today. This rapid change demands a dynamic skilling ecosystem – one that is agile, industry-responsive and inclusive.

To meet the future demands of the tyre and rubber industry, such as the increasing use of speciality polymers, advanced materials and the rising adoption of electric vehicles, a technically confident and highly trained workforce is needed.

“This Centre of Excellence can play a vital role not only as a hub for education and hands-on training but also as a platform for testing, research and technology development. Its contribution, particularly to MSMEs in the rubber and allied sectors, will be significant. This centre will evolve into a beacon for the rubber industry, not just in India but across the Asia-Pacific region,” said an optimistic Dr Singhania.

VETERAN’S TALK

Commenting on the occasion, former IRI Chairman P K Mohamed stated that after several years of earnest effort by the officials and members of the IRI, a world-class institute for rubber technology, education, research, testing and skill development has been established.

“Currently, industries recruit students directly from colleges after they complete their BTech degrees. These companies then invest one to two years in training them before assigning them to regular roles. This approach is both expensive and time-consuming. To address this, we propose the introduction of a preparatory course for students, developed jointly by industry and academic institutions, based on a mutually agreed syllabus. Experienced professionals from industry, raw material and equipment suppliers as well as research organisations could be invited to deliver these classes,” said Mohamed.

He added, “We are also in the process of working out an appropriate methodology for funding these programmes. This initiative will significantly benefit industries by enabling them to hire job-ready candidates directly, eliminating the need for extensive post-recruitment training.”

The industry veteran highlighted that forensic analysis of failed products remains a key challenge for small and medium enterprises. To address this, DBCOE has developed comprehensive analytical capabilities and plans to recruit a specialist for failure analysis. This facility will help industries identify root causes of failures and implement corrective actions to ensure continuity.

A material characterisation and wet chemistry lab has been set up to analyse raw materials such as carbon black, rubber chemicals, various rubbers, accelerators, antioxidants and process aids. In-house capability also exists to draft material specifications for future quality control. Plant audits and merit-based approvals can be arranged.

Plans are underway to offer short courses in collaboration with equipment manufacturers and suppliers. Topics will include mixing, extrusion, calendering, tyre building, compounding, engineering, moulding, retreading, footwear, belt technology and latex products. These courses will combine practical and theoretical content, including testing methods and failure analysis. Notably, discussions with HF Mixing Group on mixing technology are progressing well. Additionally, a recognition programme is being developed to honour individuals contributing to different segments.

DEFEATING DEADLOCKS

India’s automotive industry is undergoing a seismic shift, driven by the rapid adoption of electric vehicles and rising performance expectations. While tyres often dominate the conversation, rubber components account for up to 10 percent of the overall value in an automobile and its role is growing more critical than ever.

As vehicle design evolves, so do the demands on rubber parts in the wake of higher torque, lighter weight, reduced rolling resistance and near-silent operation as can be seen in case of EVs. For manufacturers, especially the MSMEs that make up much of the sector, these shifts present a formidable challenge. Existing designs and materials no longer suffice.

Speaking on the vision of the centre and how it will meet industry deadlocks, Dr Mukhopadhyay said, “The mission is fourfold viz-a-viz upskill the current workforce, offer technical support for regulatory compliance and homologation, enable technology advancement for MSMEs and drive sustainable material innovation in collaboration with raw material suppliers. This centre aims to be more than just an academic institution; it’s envisioned as an ecosystem that fuels India’s rubber sector with skilled talent and cutting-edge know-how.”

At the heart of the initiative lies a simple truth that knowledge alone is no longer enough. According to Dr Mukhopadhyay, India’s tyre and rubber sector needs a convergence of skill and science that demand a confluence of practical expertise and theoretical depth. With an eye on decarbonisation, the centre will also push research into bio-based alternatives for carbon black, synthetic rubber, tackifiers and processing oils. From tyre-to-tyre recycling to steel reuse and low-emission polymers, the effort reflects a broader ambition to modernise the industry not just for EV readiness but for long-term sustainability.

“In a market where regulatory demands are intensifying and global competitiveness is rising, this centre represents a strategic leap. It promises to future-proof India’s rubber industry by training the next generation, empowering MSMEs and leading the shift towards a cleaner, more resilient manufacturing base,” he said.

THE NON-TYRE SECTOR

The centre will primarily focus on the tyre industry but aims to support the wider rubber ecosystem, especially MSMEs producing non-tyre components. While large tyre firms have testing and certification infrastructure, smaller players often lack access to technology, skilled labour and analytical facilities. The centre will bridge this gap through hands-on training, consultancy and development support. It will act as a national hub for tyre technology, BIS certification and sustainability compliance while also helping non-tyre manufacturers enhance technical capabilities.

“This sort of institution has been both our dream and our vision. We’ve worked hard to bring it to life, and I’m heartened to see the industry now stepping up. Of course, execution and funding remain challenges. Nothing happens overnight, but I’m confident that with time and collective effort, we will overcome these hurdles. As a PhD holder in this field, I’ve witnessed the struggles students face, particularly during their research projects. Dealing with limited equipment, recruitment issues and maintenance challenges are plenty,” averred Dr Mukhopadhyay.

HURDLES IN THE WAY

Despite India’s robust tyre and rubber sector, a culture of collaboration remains elusive, especially among tyre companies, which have largely remained conservative and insular in their approach.

Industry veterans have long observed that companies prefer to operate in silos, wary that cooperation might breed competition.

According to Dr Mukhopadhyay, the initiative of collaboration has come in the form of grassroots movements like the Wisdom Club – an informal alliance led by senior industry professionals like himself and Mohamed – who have pooled their knowledge and experience to mentor the next generation and drive development where institutions have fallen short.

“Unlike government-backed Centres of Excellence, which number over 40 yet often lack focused activity, and with only one national body showing limited development momentum, these independent efforts fill a critical gap. Furthermore, there are no large grants, no access to state support and infrastructure must be built slowly, piece by piece – often through deferred payments and personal negotiations. We don’t have capital. Yet, against these odds, progress is being made often over decades.”

While attempts to find institutional partners in Chennai and other cities have met resistance or failed to materialise, the effort continues.

EDUCATIONAL PROWESS

Highlighting the nuances of the educational programmes offered by the centre, IRI Advisor S Vasudeva Rao mentioned, “The centre offers two flagship programmes, namely the Diploma in Rubber Technology for diploma holders and fresh recruits and the Postgraduate Diploma in Rubber Technology for science and engineering graduates. Both combine online theoretical modules (delivered on Sundays) with practical assignments and hands-on crash courses at the Mysuru campus. Final examinations are conducted and evaluated by IIT Kharagpur, lending strong academic credibility.”

Rao also noted that the new training powerhouse is an INR 280 million facility funded entirely through industry donations. It brings in over 40 industry experts to teach domain-specific topics ranging from tyre and conveyor technology to PU foams and latex composites. Curriculum is aligned with real-world applications and transparency is ensured via digital course materials and regular assessments.

The initiative has gained formal endorsement across the tyre industry. Companies like Apollo, Yokohama, BKT and JK Tyre now embed course completion as a pre-condition for employment confirmation, reimbursing 100 percent of the INR 40,000 course fee. While the centre is new, the course dates back to 1995 and over 1,200 professionals have graduated with average annual enrolment now exceeding 250.

The centre represents a rare model of successful industry-academia collaboration in India’s manufacturing sector, combining infrastructure, expertise and funding to systematically upskill the rubber workforce.

While the establishment of the DBCOE represents a significant milestone, the broader challenge lies in overcoming the entrenched conservatism and fragmented nature of India’s tyre and rubber industry.

JK Tyre & Industries is aiming for double-digit revenue growth in FY2026, outpacing its forecast for single-digit expansion across the broader tyre industry. Managing Director Anshuman Singhania outlined the company’s ambitions during a post-earnings media call, underscoring confidence in demand recovery and strategic market positioning.

Q1 Performance Overview

For the first quarter of FY2026, JK Tyre reported revenue of INR 38.91 billion, with EBITDA at INR 4.24 billion, translating to a margin of 10 percent. Net profit stood at ₹1.55 billion — up 51 percent compared with the previous quarter, but down 21 percent YoY.

Singhania attributed the annual decline to muted original equipment (OE) demand, particularly in truck and bus radial (TBR) volumes, alongside higher raw material costs compared to the same period last year. He also highlighted an adverse impact from the company’s Tornel business in Mexico, which faced uncertainty due to tariffs on exports from Mexico to the United States, dampening volumes.

Resilience in Domestic and Export Markets

Dr Raghupati Singhania, Chairman and Managing Director, JK Tyre & Industries, said, “The growth momentum in domestic markets remained robust in Q1, with JK Tyre clocking a sales growth of 11 percent YoY, as contributed by a steady demand for our products in both replacement as well as OE segments, underscoring JK Tyre’s continued focus on core growth drivers and strengthening market presence.”

“Despite a challenging and uncertain macro-economic environment, exports of passenger car tyres witnessed a strong traction both on QoQ and YoY basis, signifying pull for our products and enhanced brand perception in the global markets,” said Dr Singhania.

Operational efficiencies and strategic pricing supported performance, even as natural rubber prices remained elevated. Subsidiaries Cavendish (India) and Tornel (Mexico) continued to contribute significantly to the group’s consolidated financials.

Operational efficiencies and strategic pricing supported performance, even as natural rubber prices remained elevated. Subsidiaries Cavendish (India) and Tornel (Mexico) continued to contribute significantly to the group’s consolidated financials.

Regarding trade tensions between India and the US, Anshuman Singhania noted that exports from India to the US account for only around 3 percent of JK Tyre’s revenue and could be redirected to markets such as Mexico, Latin America, Brazil and the UAE if required. With zero tariffs in Mexico, JK Tyre can utilise its production base there to meet demand for both passenger and truck radials. The EU and UK, where JK Tyre holds a strong position in the TBR segment, also remain tariff-free.

Capacity expansion

The company’s INR 14 billion capital expenditure plan is progressing on schedule, covering passenger car radial (PCR), TBR and all-steel truck radial projects. For the year, investment is expected to total INR 9-10 billion, aimed at boosting production capacity by 30-40 percent.

A key driver for future profitability is the shift towards premium products. The share of 16-inch and above passenger car tyres in JK Tyre’s portfolio has grown from 18 percent in FY2020 to 25 percent in FY2025, with a target of 40-45 percent over the next two to three years. This change is being fuelled by rising SUV sales, larger rim sizes in entry-level cars and strong export demand.

The company has also developed a complete range of tyres for electric vehicles, spanning commercial truck radials, bus tyres, passenger radials and two/three-wheeler tyres  Major OEMs such as Ashok Leyland’s Switch Mobility and Tata Motors are sourcing these products, including for last-mile connectivity vehicles and newly launched EV buses.

Market Outlook

The replacement market has been a bright spot, with passenger radial volumes up 32 percent year-on-year and truck radial volumes growing in the high single digits. JK Tyre expects demand to strengthen in the second half of FY2026, supported by infrastructure development, a favourable monsoon, potential interest rate cuts, and improved consumer liquidity.

Anshuman Singhania stressed that the worst of raw material price pressures appear to be over, paving the way for margin improvement as the product mix shifts and capacity utilisation rises. With the small car segment’s gradual decline offset by growth in premium categories, JK Tyre remains confident in sustaining momentum.

“Overall, India is poised for growth,” Singhania concluded. “We see positives across the board — from infrastructure push to evolving consumer preferences — and we are well-positioned to capitalise on these trends.”

Yokohama Rubber has begun supplying its ADVAN V61 tyres as original equipment for BYD’s new SEALION 6 DM-i SUV, marking the Japanese manufacturer’s first OE partnership with the Chinese carmaker.

The SEALION 6 DM-i, a plug-in hybrid SUV launched by BYD Company Ltd. this July, is being factory-fitted with 235/50R19 103V size ADVAN V61 tyres. The announcement comes as Yokohama seeks to grow its footprint in China’s fast-evolving electric and hybrid vehicle market.

The ADVAN V61 is part of Yokohama’s global flagship ADVAN range and is positioned as a premium SUV tyre. The company said the tyre “offers ADVAN’s hallmark premium-grade driving performance, along with a high-level balance of fuel and energy efficiency, handling stability, and quietness, achieving both comfortable city driving and long-distance touring for heavyweight SUVs.”

The SEALION 6 DM-i combines a 1.5-litre naturally aspirated petrol engine producing up to 74kW with an electric motor generating 160kW. Buyers can choose between 18.3 kWh and 26.6 kWh blade battery options, offering electric driving ranges of 93km and 130km, respectively. All models come equipped with advanced driver assistance systems as standard, and the exterior design draws inspiration from the concept of “ocean aesthetics.”

Sumitomo Rubber Industries Ltd said its subsidiary Dunlop Tyre Japan Ltd has completed a Japan Fair Trade Commission investigation into automotive all-season tyre sales after the regulator approved a commitment plan submitted by the unit.

The probe, which examined the subsidiary’s sales practices, concluded without the commission identifying any violation of Japan’s Antimonopoly Act, Sumitomo Rubber said in a statement.

Under Japan’s commitment procedures, companies can submit plans to address potential competition concerns without admitting wrongdoing, allowing them to resolve investigations while avoiding formal sanctions.

"We deeply apologise for the great trouble and anxiety that we have caused to all concerned, including our clients and business partners,” the tyre maker said.

Belgian steel wire maker Bekaert reported resilient first-half 2025 earnings as strong cash generation and cost control offset softer sales, but warned that tariffs and currency pressures are weighing on demand.

The company posted consolidated sales of €1.9 billion, down 5.2 percent year-on-year, with volumes declining 2.6 percent and price/mix effects stripping out a further 2.2 percent. Underlying EBIT slipped 16.2 percent to €171 million, delivering a margin of 8.8 percent compared with 9.9 percent a year earlier.

Free cash flow surged to €123 million from €43 million in the prior-year period, driven by a €135 million reduction in working capital and €21 million in cost savings as the company continued to streamline operations and rein in capex. Net debt fell to €327 million from €399 million despite a continuing €200 million share buyback programme, €74 million of which has been completed.

“We have continued to focus on what we can control best – cash flow and costs - and have significantly reduced overheads and working capital in H1 2025,” chief executive Yves Kerstens said. “Equally, I am very pleased with the hard work of our teams fighting for volumes in the current challenging markets.”

He added: “We are also taking further steps to make our business units more autonomous and agile. Therefore, I am very confident that we will come out of the current business environment stronger and more cost competitive than ever before.”

Bekaert said volumes were particularly strong in its Steel Wire Solutions and Rubber Reinforcement divisions in the United States and China, while European and Latin American demand lagged. Its Brazilian joint ventures delivered €24 million in net profit share, up from €20 million a year ago.

However, the group cautioned that growing trade tensions – including a rise in US steel tariffs from 25 percent to 50 percent – and the weakening of the US dollar and Chinese yuan against the euro were eroding pricing power and softening orders.

“Following a period of resilience in Q2, the tariff uncertainty and weakening economic outlook has started to have an impact on demand,” Bekaert said.

The company now expects slightly lower full-year 2025 sales on a like-for-like basis, with an underlying EBIT margin of between 8.0 percent and 8.5 percent, down from 8.8 percent in the first half.