Humaira Mushtaq’s passion for motorsport began long before many of us could even ride a bike. Growing up in the culturally rich and traditionally conservative region of Jammu & Kashmir, where women rarely took the wheel, Humaira’s love for cars set her on a path few could have imagined. But for her, racing was not just a sport – it was a calling.

A natural instinct for racing

“I grew up in a traditional Muslim family where you don’t typically see women driving, let alone racing,” says Humaira. “But from as early as I can remember, I was drawn to cars.” She remembers receiving her first toy car at the age of four, which ignited a lifelong obsession. While most girls her age were playing with dolls, Humaira was spending her days with the boys, zooming around on toy cars. Recognising his daughter’s passion, her father, a motorsport enthusiast himself, built her a custom go-kart track. “I spent hours there practicing. It just felt natural,” she recalls.

By the age of five, Humaira was competing in professional Go-Karting championships, quickly moving through the ranks to single-seaters, Formula racing, saloons, touring cars and even occasionally drifting. What started as a pastime became a lifelong pursuit.

The memory of a father’s belief

Though motorsport was not widely accepted for women in her community, Humaira's father stood firmly by her side, supporting her against societal norms. “My father was my biggest supporter. Even when people questioned my dreams, he was there, building tracks for me and taking me to races,” she shares.

Tragically, she lost her father when she was just 13, a few days before her 14th birthday. But even in his final moments, he encouraged her to continue racing. “His last words to me were, ‘Don’t stop racing. You have this rare talent that not many have. Reach out to the world and create an example’.” It was this powerful message that fuelled Humaira’s drive to prove that women can excel in motorsport, despite the odds.

Balancing education and racing dreams

Though her heart was set on motorsport, Humaira’s academic journey took an unexpected turn. “I excelled in science and English as a student,” she explains. “My mother encouraged me to pursue a medical career, and I agreed to finance the initial years of my education in exchange for getting into medical school.” Despite excelling in her studies, Humaira’s heart remained with racing. “I didn’t want to work a desk job. My passion was in motorsport, and I worked hard to balance both.”

Endurance racing: Pushing limits

Having competed in a variety of racing formats, Humaira is particularly drawn to endurance racing. “Endurance racing challenges you not just physically but mentally and emotionally too. It’s about resilience and strategy, not just speed,” she says. The long, demanding races force drivers to push their limits while balancing physical endurance with mental focus. Humaira thrives in this environment, using both physical training and mental exercises such as meditation and visualisation to prepare herself for each race.

In endurance racing, managing factors like terrain, tyre wear and race strategy is crucial. “Choosing the right tyre can be a game-changer,” she notes, emphasising the need for tailored tyre options. “Different terrains and weather conditions mean the tyre that works on one track may not work on another. It’s a science.”

A historic achievement: Representing India at the British Endurance Racing Championship

Humaira’s biggest breakthrough came when she became India’s first female representative at the British Endurance Racing Championship. “Representing India felt surreal, but it was also a huge responsibility,” she recalls. Racing for Aston Martin, Humaira not only broke barriers in a traditionally male-dominated field, but she also proved that women could compete at the highest levels of motorsport. Despite initial scepticism from some of her male teammates, Humaira earned their respect with her skill and determination on the track.

Looking ahead: The road to the future

As she looks to the future, Humaira is poised for more international racing opportunities, with upcoming races in London, Spain and Dubai. But it’s not just about racing for her – it’s about making a statement for women everywhere.

“My advice to young girls who want to pursue a career in racing is to stay focused, determined and unafraid of obstacles,” she says. “Motorsport may be a male-dominated field, but talent, dedication and self-belief are what really count. Don’t let anyone tell you what you can or cannot do – just keep pushing forward.”

Humaira Mushtaq’s journey from the streets of Jammu & Kashmir to the world’s race tracks is a testament to the power of passion, perseverance and belief. As she continues to break barriers and set new records, she remains an inspiring figure for future generations of women in motorsport.

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.