ATMA Marks 50 Years As India’s Tyre Industry Drives Global Growth
- By TT News
- March 05, 2025
The Automotive Tyre Manufacturers’ Association (ATMA) has entered its Golden Jubilee year, celebrating five decades of fostering growth in India’s tyre sector and its pivotal role in the nation’s economic progress.
Established in 1975, ATMA has grown into the premier industry body representing over 90 percent of the country’s tyre production, solidifying its position as a cornerstone of India’s industrial landscape.
Over the past 50 years, the Indian tyre industry has achieved remarkable milestones in production, exports, research and development (R&D) and innovation, setting benchmarks for emerging sectors globally. Today, India ranks among the world’s largest tyre manufacturers, producing more than 200 million tyres annually.

The industry’s self-sufficiency is a standout achievement. India boasts indigenous capabilities to manufacture a wide range of tyres, from moped tyres to massive off-the-road (OTR) tyres – a feat few countries can match. This self-reliance has not only strengthened the domestic market but also positioned India as a major global exporter. Indian-made tyres are now shipped to over 170 countries, including stringent markets like US and Europe. Annual tyre exports are valued at approximately INR 250 billion, accounting for nearly 25 percent of the industry’s revenue.
The tyre industry’s impact on job creation is substantial, supporting a vast value chain that spans rubber planters, tyre mechanics, manufacturers and dealerships. It sustains over one million natural rubber (NR) planters, as 75 percent of India’s NR production is consumed by tyre manufacturing. An additional million workers are engaged in tyre production, retreading, dealerships and repair services nationwide.
A groundbreaking initiative, the INROAD project, exemplifies the industry’s commitment to self-reliance. In collaboration with the Rubber Board, the tyre industry is funding large-scale NR plantations in Northeast India. This partnership marks the first global instance of a natural rubber-consuming industry (the tyre sector) partnering with government agencies to fund NR cultivation, potentially transforming India’s journey towards NR self-sufficiency.
India’s tyre industry is increasingly aligning with global standards in practices, product quality and R&D. The country now houses some of the world’s most advanced radial tyre manufacturing facilities. International vehicle manufacturers (OEMs) are launching leading brands in India equipped with Indian-made tyres, underscoring the industry’s quality and competitiveness. Five Indian tyre companies are now ranked among the world’s top 30, reflecting the sector’s growing influence in the global manufacturing ecosystem.

India’s strengths in tyre manufacturing are undeniable. A combination of seasoned entrepreneurship, skilled manpower and robust NR plantations positions the country as a potential global hub for tyre production.
The recently concluded Bharat Mobility Global Expo highlighted the industry’s 50-year growth journey, showcasing its evolution into the ‘wheels of the nation’ through a series of banners arranged as a walkthrough.
Rajiv Budhraja, Director General ATMA, said, “I had the privilege of joining ATMA at a young age and have witnessed the growth of the industry from close quarters, especially after the economic liberalisation. It is gratifying to see the industry growing from a size of about INR 50 billion to INR 1,000 billion in the last three decades.”
“At this moment, I am full of gratitude to the industry leaders who have provided vision and direction to the industry and the association over all these years and to the untiring efforts of all those involved in the industry who have turned that vision into reality. Thanks are also due to publications like Tyre Trends (and its previous avatar of Tyre Asia) for chronicling this remarkable journey of the industry. Here’s to the unstoppable movement of wheels of the economy,” added Budhraja.
GREEN OFFICE, CLEANER FUTURE: HOW ATMA IS REIMAGINING WORKPLACE SUSTAINABILITY
In the heart of New Delhi’s bustling PHD House, ATMA is proving that office spaces can be more than just functional – they can be transformative environmental statements.
Under the leadership of Budhraja, ATMA has turned its headquarters into a verdant oasis that’s part workspace, part ecological experiment. The organisation has embraced a holistic approach to sustainability that goes beyond mere corporate rhetoric.

Not only do plants improve air quality by absorbing carbon dioxide and releasing oxygen, but they also have been shown to reduce stress and increase focus. “Thus was born the idea to have a green workspace so as to boost productivity, creativity and overall well-being”, said Budhraja.
The office is now a living, breathing ecosystem where every square foot serves a purpose. Lush greenery isn’t just decorative – it’s a strategic tool for improving air quality, reducing stress and boosting employee productivity.
ATMA has implemented energy-efficient lighting systems that dramatically reduce power consumption across their office space. The organisation’s architectural design features strategically placed open areas that maximise natural sunlight, reducing the need for artificial lighting during daytime hours.
By adopting a circular economy approach to waste management, ATMA transforms leftover food into nutrient-rich compost, which is then used to support the office’s green spaces, creating a closed-loop sustainability system.
The entire ATMA team is now actively engaged in maintaining this green space, turning sustainability from a corporate mandate into a shared cultural value.
It’s a small but significant step in an industry not typically associated with environmental innovation. By reimagining their workspace, ATMA is sending a powerful message: sustainability starts at home – or in this case, the office.
Apollo Tyres CFO Gaurav Kumar Resigns After 22 Years
- By Sharad Matade
- August 07, 2026
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.
Shrader Tire & Oil Expands Bob Feldbauer's Role To President And COO
- By TT News
- August 06, 2026
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.”
- Satish Sharma
- Balkrishna Industries Ltd.
- BKT
- Mumbai International Airport Limited
- Infectious Advertising
BKT Drives Beyond Off-Highway With Mumbai Airport Brand Showcase
- By TT News
- August 06, 2026
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.
Epsilon Carbon Reports 10% Reduction In Upstream Logistics Emissions In FY2026
- By TT News
- August 05, 2026
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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