Bridgestone Brand Ambassadors Wish Indian Team For Upcoming Olympics
- By TT News
- July 15, 2021
Bridgestone India’s brand ambassadors and members of the Indian Olympic contingent – Mary Kom, PV Sindhu and Udayan Mane – wished their co-team members the very best in the forthcoming Olympic Games Tokyo 2020.
The brand ambassadors were joined by Bridgestone India’s Managing Director, Parag Satpute in wishing the Indian contingent success and laurels in Tokyo.
Bridgestone has been strongly associated with the world of the Olympics through strategic partnerships and collaborations in the past. The upcoming Olympic Games Tokyo 2020 hold a special significance for the company, as they are set to take place in Japan, the home of their global headquarters and the country where the tyre manufacturer was founded 90 years ago.
Parag Satpute, Managing Director, Bridgestone India, said, “We are truly honoured to be associated with our brand ambassadors and it is a matter of pride that Mary Kom will be one of the Indian flag bearers at the opening ceremony of the Olympic Games Tokyo 2020. We believe that harbouring a strong culture of sports and investing in our people will contribute towards the creation of better individuals leading to a holistically developed society.”
Mary Kom said, “My journey with Bridgestone has been eventful and a memorable one. Through my journey, I want to communicate to all my fellow athletes ready to represent India that sports are not for the faint-hearted, especially boxing as a female athlete. The journey is never short of roadblocks. Bridgestone is a brand known for its strength and endurance, and it has risen to the cause of encouraging every upcoming athlete’s sportsman spirit and it resonates deeply with me.”
P V Sindhu said, “As Bridgestone India’s first brand ambassador, I feel thrilled and responsible to talk about my journey and all the tough lessons that have led up to achieving success in the international arena. I would want more Indians to step up to this challenge, and via this platform, I am honoured to be associated with Bridgestone India to spread this message of determination and perseverance. Bridgestone has a strong sports lineage which is further strengthened with their Worldwide Olympic Partnership and we want more Indian athletes to conquer the global Olympic stage.” (TT)
Indian Tyre Demand To Be Led By Replacements As Growth Normalises: ICRA
- By Sharad Matade
- April 01, 2026
India’s tyre sector is moving into a steadier phase after cyclical tailwinds from GST-led formalisation and rural demand. Srikumar Krishnamurthy, Senior Vice-President and Co-Group Head, Corporate Ratings at ICRA, says replacement demand will continue to anchor growth in FY2027 even as original-equipment volumes soften. Premiumisation is lifting tyre makers’ realisations, though input volatility and competition cap pricing power. Export prospects are improving with new trade agreements, but regulatory risks and cost pressures persist as companies balance capex with discipline.
ICRA expects the Indian automotive sector’s wholesale growth to normalise in FY2027. How does this moderation in vehicle volumes translate into tyre demand across OEM and replacement channels?
The normalisation of wholesale volume growth in FY2027 follows a period of elevated growth in the second half of FY2026, which was driven largely by post-GST reform-led factors and favourable rural demand sentiments. The moderation in wholesale volume growth will consequently translate to a similar growth in OE segment. The aftermarket segment, however, will follow the inherent replacement cycle of different sub-segments and other fundamental factors.
Replacement demand currently anchors tyre industry growth. What level of growth do you expect in this segment going forward?
The replacement segment saw a robust growth in the last 4–5 months supported by the post effects of GST rate cuts and healthy rural demand following good monsoons and crop output. The current sentiments are favourable, with factors around economic activities, freight rate movement and farm output reflecting optimistic picture. The segment is likely to outperform the OE segment in FY2027 supported by inherent factors like replacement cycle, safety awareness and regulatory forces.
Premiumisation is evident in vehicles and tyres alike. How is the shift towards larger rim sizes, radialisation and higher-value products shaping revenue growth versus volume growth in FY2026–27?
A change in product mix has been observed in recent times. Rising preference for utility vehicles, premium bikes and electric vehicles have resulted in changes to the average selling price (ASP) of tyre makers. While these elongates the product replacement cycle over time, higher share of sales of large rim sizes and high-performance tyres results in premium pricing and value growth. That said, pricing pressure because of competition and movement in input prices restricts the premium to an extent, in certain segments.
What impact do you expect from the evolving trade agreements between India and United States, along with the proposed India-EU free trade deal, on tariffs for tyres produced and exported from India?
US and Germany are the top-two destinations for Indian tyre exports. Overall, tyre export volumes grew by around 10 percent in FY2025 and around eight percent in H1 FY2026. The recent signing of India-UK and India-EU deals is a positive as Indian tyres are increasingly getting exported to these regions in recent period, reflecting better acceptance. While the developments on India-US tariff-related aspects are a positive, stability in tariff reforms will be critical towards better visibility of exports.
With exporters pivoting towards Europe, Africa and Latin America, what competitive or regulatory barriers might Indian tyre makers face in these markets over the next 12–18 months?
The prospects of Indian exporters remain vulnerable to the regulatory actions and competitive forces. The US tariff-related developments have made tyre makers in
South-East Asia and China more competitive (as compared to India), although the changes in tariff rates is a positive development for Indian exporters. While a depreciating rupee was beneficial, the recent capping of RodTEP benefits is a negative impacting the competitiveness of Indian tyre makers.
Natural rubber prices have remained elevated and volatile. How do you expect raw-material cost trends to evolve in FY2027, and what does this imply for tyre company margins and pricing power?
Rubber prices largely track the demand-supply factors. The prices have largely been volatile in recent years and were affected by a relatively subdued consumption globally. While the supply will remain influenced by weather and other related factors, the global tyre demand is likely to be relatively better, thus keeping the prices firmer in the coming year.
Beyond rubber, inputs such as carbon black and crude-linked derivatives are cyclical as well. Are tyre manufacturers adequately positioned to manage input volatility through sourcing strategies or pass-through mechanisms?
To protect the margins, tyre makers have resorted to better production planning, maintaining optimal inventory and altering the sourcing strategies. That said, the earnings profile of tyre makers remains exposed to any sharp volatilities in input prices, especially replacements.
Industry capex has remained steady, focused on radial capacity and premium segments. Do you foresee a new investment cycle in FY2027–28, or will companies prioritise balance-sheet discipline amid demand normalisation?
The industry’s capex spends are estimated at 8–10 percent of revenues with sizeable investments towards expansions in passenger vehicles and trucks and bus tyres, along with continued focus on debottlenecking, maintenance and R&D activities.
Looking beyond demand and costs, what are the most significant structural challenges facing the Indian tyre sector over the next three to five years – technology shifts, sustainability mandates or global competition?
Multiple trends are emerging in the auto industry, like vehicle premiumisation, changing powertrain mix, fluctuation in adoption of EVs across different product segments etc. In this backdrop, and coupled with global geo-political uncertainties and climate changes, tyre makers face challenges around business strategies. Strengthening technological capabilities, investments in premium performance tyres, enhanced usage of AI for operations, streamlining supply chain activities and diversification are the likely key focus areas for Indian tyre makers.
Kumho Tyre UK Appoints Luke Emery As Sales Director For South East England
- By TT News
- March 31, 2026
Kumho Tyre UK has strengthened its leadership team with the appointment of Luke Emery as Sales Director for South East England, a move that coincides with the company’s expanding product range and reports of growing demand across the region. Bringing 22 years of deep-rooted experience in the tyre sector, Emery’s background spans both motorsport and passenger car applications, positioning him well to drive commercial performance in this key territory.
His appointment forms part of Kumho’s ongoing investment in its UK operations, reflecting a continued commitment to reinforcing the domestic team as demand rises for an increasingly diverse product portfolio. In this new role, Emery will work alongside the existing UK management and sales teams to deliver dedicated support to customers throughout the South East, ensuring the business remains responsive to evolving market needs.
Richard Lyons, Managing Director, Kumho Tyre UK, said, “We are delighted to welcome Luke to the Kumho team, adding to the enrichment of our team that we have seen over the past few months. The UK market has shown excellent acceptance of our latest products and Luke’s appointment reflects our commitment to building a talented, future-focused team that can support our customers and continue driving the growth of the Kumho brand across the UK.”
Emery said, “Having worked at Kumho in the past, I’m delighted to return at such an exciting time for the brand. Kumho has built a strong reputation for delivering high-quality tyres that offer excellent value and performance, and the market response to the new products has been extremely positive.”
Clemson University Welcomes Dr Saied Taheri To Mechanical Engineering Advisory Board
- By TT News
- March 31, 2026
Clemson University has announced the appointment of Dr Saied Taheri to the External Advisory Board of its Mechanical Engineering department, strengthening ties between academia and research leadership. The move highlights the institution’s continued focus on advancing engineering education through experienced global contributors. Dr Taheri’s longstanding association with Clemson, where he completed his undergraduate, master’s and doctoral studies in mechanical engineering in 1984, 1986 and 1990, respectively, positions him as a deeply connected figure familiar with the university’s academic values and institutional goals.
Currently a professor at Virginia Polytechnic Institute and State University, Dr Taheri also serves as Director of the NSF-supported Industry–University Cooperative Research Center for Tire Research (CenTiRe). His career spans both academia and industry, including a tenure as a senior engineer at Goodyear Tire & Rubber Company and an adjunct faculty role at the University of Akron between 1998 and 2007. Since joining Virginia Tech in 2007, he has mentored a significant number of scholars. His research contributions have focused on tyre and vehicle dynamics, simulation technologies, intelligent tyre systems and chassis control.
In his new advisory capacity, Dr Taheri is expected to contribute to shaping departmental strategy and fostering innovation-driven initiatives. His combined expertise in research, teaching and leadership is anticipated to support Clemson’s efforts to enhance student outcomes and maintain excellence in mechanical engineering.
Toyo Tires Elevates Four Sales Leaders To Director-Level Roles
- By TT News
- March 31, 2026
Toyo Tire U.S.A. Corp. has announced the promotion of four veteran sales management team members to director-level positions, effective 1 March 2026. Ken Cole, Shawn Blythe, Bill Carroll and Steven Shearer each assume expanded responsibilities across distinct areas: Cole steps into commercial accounts sales, Blythe takes on strategic accounts distribution, Carroll now oversees national retail channel, car channel and motorsports tyres and Shearer moves into sales operations and training. These leadership changes underscore the company’s dedication to cultivating internal talent and adapting to an evolving tire industry landscape.
Ken Cole, who joined Toyo in 2017 as Senior Manager for Truck Sales in the eastern region, brings over 25 years of industry experience to his new post as Director of Sales for Commercial Accounts. He succeeds Bill Barfield, who retired at the end of 2025. Shawn Blythe, a more than five-year Toyo veteran previously serving as Senior Manager for Strategic National Accounts Distribution, continues in a similar vein as Director of Strategic Accounts Distribution, focusing on driving success alongside company partners.
Bill Carroll’s new role as Director of National Retail Channel, Car Channel and Motorsports Tyres follows a tenure marked by progressive leadership, including positions as District Sales Manager, Regional Sales Manager and Senior Manager for Strategic Retail Accounts. Meanwhile, Steven Shearer, a Toyo team member since 2012 who most recently served as Senior Manager of Marketing Communications, transitions to Director of Sales Operations and Training. In this capacity, he replaces Anne Holland, who is set to retire at the end of March.
Mike Snyder, Vice President – Sales, Toyo Tire U.S.A. Corp., said, “Ken, Shawn, Bill and Steve have shown strong leadership as senior managers of their respective teams and have been integral in the success of Toyo over the years. Their promotions are well deserved and have enabled Toyo to solidify the mid-level management team that carries the organisation into the future. I’m confident that their leadership will ensure the company’s continued growth over the coming years.”
Cole said, “I am honoured for the opportunity and look forward to helping lead Toyo’s continued growth in the commercial tire business. We have a great sales team, and we will continue to focus on delivering high-quality commercial tyres through the best servicing dealers in the industry.”
Blythe said, “Toyo’s success has been built on strong partnerships with our customers, our dealers and our talented team at Toyo. I look forward to continuing to grow those relationships and deliver results and the reliability that our customers trust every day.”
Carroll said, “I will continue to bring my passion forward in my new director role and expand Toyo’s presence in the market. Toyo makes a fantastic product, and I am passionate about supporting our dealers, consumers and commercial needs.”
Shearer said, “My goal is to continue advancing sales programmes, tools and communications that improve the ease of doing business and drive success for both Toyo Tires and our customers. I am committed to supporting our dealers, and their success is central to everything we do.”



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