It was in 1993, the first edition of the K.M. Philip Gold Medal was instituted to recognise and honour contribution of individuals that have made a mark in the Indian rubber industry. The biennial award is presented under the aegis of the All India Rubber Industries Association (AIRIA). Since 1993 and till 2019, AIRIA has given this award to 13 distinguished individuals for their contribution towards the growth of the Indian rubber industry.

Philip had played a key role in establishing the Indian Rubber Manufacturer Research Association (IRMRA), helping it grow into a leading research laboratory associated with the Council of Scientific and Industrial Research (CSIR). Under his vision, IRMRA became a critical institution for tyre testing for both Indian and foreign manufacturers.

The K.M, Philip family feels that the award has served its purpose. Hence as a gracious closure and a finale event, the foundation has decided to honour three individuals/institutions/bodies with the  distribution of the final K.M. Philip Gold Medal in the following three categories –

K.M. Philip Gold Medal Research and Development Award

This award recognises individuals or institutions for their contributions to research and development in the rubber industry, with a particular emphasis on innovations that promote environmental sustainability.

K.M. Philip Gold Medal Entrepreneur/Businessman for the MSME Industry Development Award

The award recognises entrepreneurs who have achieved notable success in building a business from the ground up (greenfield projects) or elevating a first-generation enterprise to a global standard. The recipient should have led their industry to a prominent position in its product segment, with a preference given to those who have reduced their business's carbon footprint.

K.M. Philip Gold Medal for Institution and Rubber Industry Brand Builder Award

The award acknowledges individuals or institutions that have significantly contributed to the growth, recognition, and brand value of the Indian rubber industry and its institutions. The recipient must have initiated and executed initiatives that enhanced the industry’s overall reputation, including infrastructural institutions.

Philip is often referred to as pioneer in the rubber industry. From founding AIRIA to receiving a National Award, his legacy continues to inspire the next generation of leaders.

The past winners of the K.M. Philip Gold Medal include –

1. Late Manu M Patel (1993): Rendering services through development work, introduction of usage of synthetic rubber, technical service and training etc.
2. Late W G Desai (1995): Rendering services through pioneering work in reclaim rubber, technical services and training, standardisation, assistance in growth of SSI etc.
3. Late Shri S V Lathia (1997): Successful research work carried out to manufacture products, previously imported, thus saving in foreign exchange and for outstanding work in social and rural development work.
4. Late R K Jain (1999): pioneering efforts and developing work in promotion of exports, import substitution, technical upgradation and setting high standards in growth of SSI etc.
5. Prof Anil K Bhowmick (2001): pioneering research into the chemistry of polymers and incorporation of these new developments into technologies and outstanding contribution to imparting education to Indian rubber technologists.
6. Dr Raghupati Singhania (2003): Pioneering efforts to usher in radial tyre technology to India, his foresightedness in setting up state-of-art R&D center HASETRI, his commitment to industrial growth through his leadership in numerous group companies etc.
7. Dr R K Matthan (2005): pioneering efforts in technology transfer, establishment and commissioning of TSR factories, his continued association with technical development and usage of new forms of natural rubber, development of ultra safe\catheters, his continued association with IRI, IRMRA, Cochin university etc.
8. Late Anil Sampat (2007): For his pioneering work in conceiving and successfully organising IRE and providing a platform to the rubber industry to expose its latest technology and to facilitate two way technical exchange and trade, his entrepreneurial qualities in rubber, footwear and textile industries etc.
9. Late R K Raman (2011); His pioneering efforts in establishing world class facility MIL Industries for manufacture of rubber lining coupled with using cold bond process for first time in India, developing advanced technology applications of rubber products in Aerospace industries etc.
10. R V Gandhi (2013): pioneering efforts in developing wide range of reclaim rubbers made from natural and synthetic elastomers, establishing GRP as the largest and most respected manufacturer of reclaim rubber in the world and putting India at the forefront of export of reclaim rubber, his initiative in developing global specifications for reclaim rubber under the aegis of ISO TC 45, his contribution to the cause of education, empowerment of women and training in ethical values etc.
11. Late M F Vohra (2015): For pioneering efforts in developing Zenith Rubber into a global scale manufacturer and supplier of quality rubber sheeting and allied rubber products and exporting 80% to developed markets, for his pioneering his leadership efforts at CAPEXIL in removing impediments to exports of rubber products thereby enabling double digit annual growth of rubber products exports, etc.
12. P K Mohamed (2017): For his pioneering efforts and contribution to high technology in core processes in tyre manufacturing, his pivotal role in standardising tyre dimensions, his passionate commitment to IRI and other technical bodies etc.
13. Arvind Poddar (2019): For his pioneering efforts in evolving BKT from a family enterprise into one of the largest technologically sophisticated companies in the Off-Highway Tyre segment, for his commitment to use green technology, for being recipient of several Government of India Awards for R&D etc.

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Gaurav Kumar has resigned as a whole-time director of Apollo Tyres, the Indian tyre manufacturer, after more than two decades with the company, though he will remain chief financial officer during a transition period.

The Gurugram-based company's board approved the resignation at a meeting on Thursday. Kumar steps down as a director, and consequently as a member of the risk management committee, with effect from the close of business the same day. The company said he had confirmed there was no material reason for his departure beyond that stated in his resignation letter.

Kumar will continue as chief financial officer for such period as is necessary to ensure a smooth transition, after which he will cease to be part of the company's senior management.

In his resignation letter, Kumar said: "It has been terrific to be part of the incredible journey at Apollo Tyres thus far. I have learned, and hopefully contributed in equal measure, and now seek to explore alternative and new challenges. I wish Apollo Tyres the very best for the journey ahead and will always be part of the Apollo Tyres Family." He added that he was grateful to Onkar Kanwar and Neeraj Kanwar for their support during his tenure of more than 22 years at the company.

Neeraj Kanwar, Vice-Chairman and Managing Director, said: "Gaurav deserves kudos for the critical role he has played in the growth of Apollo Tyres, both in India and overseas, in the last twenty years. While we do regret losing him, we are conscious of his personal aspirations and wish him the very best in his future endeavours."

The company said it was in the process of appointing a new chief financial officer.

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Shrader Tire & Oil (STO) has announced the appointment of Bob Feldbauer to the role of President, effective 1 August 2026. He will concurrently serve as Chief Operating Officer, while Joe Shrader maintains his position as Chief Executive Officer.

Feldbauer’s ascent follows his arrival at STO in early 2025 as Chief Operating Officer, a role built upon a robust industry resume. His prior engagements include a lengthy stint at the helm of Jack’s Tire & Oil in Utah and a substantial period with Michelin North America, where he handled sales and managerial assignments.

Under the new structure, Feldbauer’s purview widens to encompass both internal fleet management across 14 sites and outward-facing commercial development, including alliances and market expansion. With the founding family’s fourth generation now active within the firm, the succession plan reinforces the enduring principles established when the company opened in 1948.

Shrader said, “Bob has proven exactly what we hoped he would when we brought him on board – sharp operational instincts and a real drive to help this company grow. Putting him in the President seat lets us move faster on the growth plans we’ve been building towards.”

Feldbauer said, “It has been a fast year and a half at Shrader Tire & Oil. I have gained tremendous insight and valuable knowledge about our organisation’s structure, company culture and an understanding of our overall goals and commitments. One thing is clearly obvious – the commitment Shrader employees have to deliver the best customer experience each and every time. I appreciate this and look forward to supporting them as their President and COO.”

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Balkrishna Industries Ltd. (BKT) has unveiled a brand installation at the Mumbai International Airport Limited (MIAL) T2 Elevated Road Underpass as the tyre manufacturer seeks to broaden its positioning beyond its traditional Off-Highway business and strengthen awareness of its expanding on-highway portfolio in India.

The 2,000 sq. ft. installation, inspired by the company's "Elevate Your Drive" philosophy, highlights BKT's portfolio across agriculture, construction, mining, earthmoving, commercial vehicles, two-wheelers and passenger vehicles. The activation comes as the company expands its presence in India's two-wheeler and commercial vehicle tyre segments.

Designed to move beyond conventional outdoor advertising, the installation features nine illuminated tyre-shaped displays, each 8 feet in diameter, using the tyre itself as the central storytelling element. It opens with a large-format visual featuring BKT brand ambassador Ranveer Singh, followed by a sequence of displays illustrating the company's expanding mobility portfolio. The installation will remain at the airport for 24 months.

Mumbai International Airport handled a record 55.5 million passengers in 2025, providing the company with sustained visibility among business travellers and consumers.

"For BKT, innovation goes beyond product engineering; it extends to how we tell our story. This installation reflects a simple yet powerful idea: our tyre itself becomes the medium through which travellers experience the breadth of BKT's world. As we expand our presence across India's mobility landscape, it is important that consumers see BKT not through a single product category, but as a brand that supports movement across diverse terrains, applications and journeys. Mumbai Airport provides an ideal stage for us to express that transformation in a memorable and distinctive way," said Satish Sharma, Senior President & Director – Business Development and Strategy, BKT.

The installation was conceptualised by Infectious Advertising and uses immersive design, sequential storytelling and its airport location to showcase the company's wider mobility portfolio. According to BKT, the activation is intended to connect its established Off-Highway business with its growing presence in India's on-highway mobility market.

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Mumbai-headquartered leading carbon black manufacturer Epsilon Carbon has reported a 10 percent reduction in carbon dioxide equivalent emissions across its upstream transportation operations during FY2025–26. The reduction was achieved through the deployment of an electric and liquefied natural gas freight fleet.

An independent third party certified the emissions data. The reductions achieved in transport logistics equate to carbon absorption figures associated with approximately 29,000 trees. The verified figures allow supply chain partners to include these reductions within Scope 3 emissions reporting frameworks and environmental disclosures.

Gaurav Mathur, Chief Executive Officer, Epsilon Carbon, said, “Decarbonising logistics is central to our climate strategy. What makes this milestone meaningful is that the results are independently verified with a 10 percent reduction in CO2e emissions within the upstream transportation category over a single financial year, driven by the adoption of electric and LNG fleets. These carbon reductions strengthen our own sustainability disclosures and those of our customers, and we intend to scale this model across our supply chain.”

Following Phase 1 operations, Epsilon Carbon intends to expand the number of electric and LNG vehicles in its transport fleet during FY 2026–27 to scale low-carbon freight transport across its supply chain network.

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