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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The rollout of GST 2.0 marks a defining moment in India’s economic journey – a reform that may well prove even more consequential than the original introduction of the Goods and Services Tax. Especially for a sector like tyres, the recent reduction in (GST) on tyres is far more than just a change in numbers. It is a transformative step that touches every wheel turning on India’s roads – from a farmer’s tractor to a trucker’s long-haul trailer and from a commuter’s scooter to a construction vehicle powering the nation’s infrastructure.

For years, tyres were taxed at 28 percent – the highest GST slab, clubbed with luxury and demerit goods. This categorisation never truly reflected the essential role tyres play in our everyday lives. Tyres are not a luxury. They are a fundamental enabler of mobility, supporting the movement of people and goods across cities, towns and villages. By bringing GST rates on tyres down to a more rational level, the government has addressed a long-standing anomaly and set the stage for widespread benefits across the economy.

The most visible impact of this move will be felt on the ground – literally. Lower GST means more affordable tyres for all users. Especially for transporters and fleet operators, tyres account for a significant chunk of vehicle running costs. A reduction in tax translates into lower replacement costs, freeing up working capital and improving operational margins. Farmers, small traders, delivery personnel, service providers, transporters – every segment that relies on mobility will feel this relief.

India has been working hard to bring down logistics costs, which are believed to be about 13–14 percent of GDP – much higher than global benchmarks. Tyres have a direct bearing on vehicle operating efficiency, fuel consumption and maintenance schedules. When tyres become more affordable, operators can replace tyres on time, and run vehicles more efficiently.

This naturally leads to lower logistics costs. Reduced logistics costs ripple across the value chain, helping industries move goods faster and at lower cost. This aligns perfectly with India’s ambition to become a more globally competitive manufacturing and trading hub.

Tyre industry’s story is not just urban – it’s deeply rural as well. Tractor tyres, power tiller tyres and tyres for animal-drawn vehicles are integral to the agricultural economy. A reduction in GST brings meaningful relief to farmers and small cultivators who rely on these tyres for their daily operations. By easing this cost, the government has extended direct support to rural mobility and agricultural productivity – an often underappreciated but critical outcome of this reform.

One of the most powerful yet often overlooked impacts of this decision lies in road safety. Worn-out tyres are a major cause of road accidents, particularly on highways. High replacement costs often lead to tyres being used well past their safe life.

With lower GST making new tyres more accessible, both individual motorists and commercial fleet owners are more likely to replace tyres on time, keeping vehicles safer and reducing accident risks. This complements the government’s broader road safety agenda, making highways not just faster but safer for everyone.

For the Indian tyre industry, which is one of the largest in the world, this reform is a game changer. It creates a more balanced tax structure, supports better cash flow, improves compliance and strengthens the competitiveness of domestic manufacturers. It will also encourage investment and capacity expansion, enabling the industry to serve growing domestic demand and tap export opportunities more effectively.

The GST reduction on tyres is a strategic, forward-looking policy decision that will benefit the entire mobility ecosystem. It acknowledges the essential role tyres play – not just as a product, but as a critical enabler of transportation, logistics, rural livelihoods and road safety.

As this reform takes root, its positive impact will be felt by consumers, businesses, farmers and industries alike. The tyre industry, represented by ATMA, welcomes this move wholeheartedly and remains committed to working alongside the government to strengthen India’s journey towards affordable, efficient and safe mobility for all.

The author is Director General of the New Delhi-based tyre industry association, Automotive Tyre Manufacturers’ Association (ATMA).The views expressed here are personal.

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WACKER has earned the 2025 Gold Medal from the independent rating agency EcoVadis, marking its continued recognition for sustainable practices and responsible corporate governance. This distinction places the company within the top five percent of all businesses assessed by EcoVadis (over 1,000 companies globally). WACKER's overall score improved from 77 points (in 2024) to 79 points, driven largely by enhanced reporting and concrete actions focused on Scope 3 emissions and ethical standards.

The EcoVadis assessment measures the quality of a company’s sustainability management through a methodology grounded in international frameworks like the Global Reporting Initiative, the UN Global Compact and ISO 26000. Performance is scored from 0 to 100 across four core areas: environment, labour and human rights, ethics and sustainable procurement, using 21 specific indicators.

In line with its commitment, WACKER provides its EcoVadis evaluation to customers as a standardised and credible validation of its sustainability efforts. The company has also defined ambitious climate targets, aiming to halve its absolute greenhouse gas emissions by 2030 relative to 2020 levels. Progress is already evident, with a 30 percent reduction achieved as of 2024. Looking further ahead, WACKER strives to reach net-zero emissions across its operations by the year 2045.

Peter Gigler, Head of Corporate ESG, WACKER, said, “The result confirms our initiatives in many key areas. It provides our customers with invaluable proof.”

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Balkrishna Industries Ltd (BKT Tires), a global leader in off-highway tyre manufacturing, has appointed Craig Borman as Head of OTR at BKT USA. The appointment is in line with BKT’s long-term strategy through 2030.

Borman brings with him 20 years of experience across off-road equipment, tyres and rubber tracks. He will play a key role in leading BKT USA's OTR team and expanding the company's presence in this market while increasing awareness of the value and dependability of BKT's range of products.

Borman said, “I’m extremely excited to join the BKT family and to build off the successes that this team has already achieved. I look forward to engaging with our partners, determining how we can accelerate our mutual growth and working towards achieving BKT’s vision of being a recognised leader in the OTR segment.”

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The Supervisory Board of Continental AG confirmed a significant leadership transition during its meeting on 17 December 2025. Christian Kötz will be appointed as the new Chairman of the Executive Board and Chief Executive Officer, effective 1 January 2026. He succeeds Nikolai Setzer, who will step down from the Executive Board on 31 December 2025. Setzer's departure follows more than 16 years as a board member, including the last five years in the CEO role, and occurs by mutual agreement as the company reaches a pivotal point in its strategic evolution.

This planned change in leadership aligns with the substantial progress Continental has made in its transformation into a pure-play tyre company. Major structural milestones have been achieved, including the spin-off of Aumovio and the signing of an agreement to sell the Original Equipment Solutions (OESL) business area. Regarding the planned 2026 sale of ContiTech, internal preparations are largely complete. The market outreach phase has concluded, and a structured sales process is scheduled to begin in January 2026, setting the stage for the final step in the corporate realignment.

Kötz’s extensive background within the tyre business, dating back to 1996, positions him to lead this final phase. A member of the Executive Board since 2019, his previous leadership roles within the Tires group sector included responsibility for the passenger car tyre replacement business in the EMEA region, the original equipment and commercial vehicle tyre business units and global research and development for passenger car tyres. His many years of trusted collaboration with Nikolai Setzer are expected to ensure continuity during the transition.

Kötz will lead an Executive Board comprising several key figures. Alongside him and Philip Nelles, who has headed the ContiTech group sector since 2021, are Roland Welzbacher and Ulrike Hintze. Welzbacher joined the board in August 2025 and assumed the role of Chief Financial Officer on 1 October 2025. Hintze was appointed to the board on 1 July 2025, serving as Chief Human Resources Officer and Director of Labour Relations. This board will be responsible for driving the tyre business forward, completing the corporate realignment and, following the sale of ContiTech, integrating the remaining group functions into the tyre organisation.

Wolfgang Reitzle, Chairman of Continental’s Supervisory Board, said, “Nikolai Setzer has been instrumental in shaping Continental, realigning the organisation and paving the way for three strong, independent companies. For this, he has the thanks of the entire Supervisory Board as well as my personal gratitude. With this handover, we are consolidating responsibility for the tyre business, the realignment and the remaining tasks of the group functions in one role. Christian Kötz is one of the most distinguished managers in the global tyre industry. With his extensive experience and passion for Continental, we firmly believe he is the right choice to lead the company successfully into the future.”

Setzer said, “In recent years, we have succeeded in transforming a diverse portfolio of businesses into three strong, independent champions. After 28 years at Continental, now is the right time for me to hand over responsibility to Christian Kötz. I’m extremely grateful for the journey we’ve all shared and proud of what we’ve all achieved together. I firmly believe that the tyre business, ContiTech, Aumovio and OESL have a promising future ahead.”

Kötz said, “I would like to thank the Supervisory Board for its trust and am excited about this new responsibility. Continental has been my professional home for three decades. Together with the Executive Board team and all colleagues throughout the company, we will complete the realignment and continue the success story of our tyre business.”

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