Dashmesh Group Expands Amid Global Volatility In Tyre Recycling

Dashmesh Group

The global tyre recycling sector currently navigates a volatile landscape where geo-political instability and logistical bottlenecks intersect with a surging demand for circular economy solutions. While conflict-driven shifts in raw material flows present procurement challenges, they simultaneously offer Indian recyclers a strategic opening to diversify sourcing from high-compliance markets like US and Europe. Despite rising operational costs, the industry’s pivot towards sustainable, high-quality outputs, supported by rigorous international certifications, remains a vital driver for India’s manufacturing and infrastructure resilience.

The global tyre recycling industry is currently witnessing a mix of disruption and opportunity, shaped by geo-political tensions, logistics constraints and evolving sustainability expectations. The ongoing conflict involving the Middle East, along with United States and Israel, is influencing raw material flows in a significant way.

“The Middle East is a big part where the raw material generation is quite high, which gives a better boost to the Indian industry with regards to the import of base tyres,” said General Manager for Cross Border Procurement and Supply Chain at Dashmesh Group, Vijay Rana.

At the same time, global metal availability remains high, creating a complex supply environment.

“So this is a very challenging time and we can say it is also an opportunity for Indian companies to explore new markets where they can secure more materials,” added Rana.

Key alternative sourcing regions include United States, Australia, Europe and United Kingdom, where scrap availability remains strong. However, these markets come with strict compliance requirements.

“In those countries, there are certain norms which have real importance to comply with. If the importer is compliant, then it is not a problem. In many cases, the importer is also the manufacturer and actual user of the raw material,” he explained.

Logistics continues to play a decisive role in the industry’s performance.

“Shipping lines and water transport contribute nearly 80 percent of import-export trade, while only about 20 percent depends on air freight,” said Rana.

Rising energy costs and geo-political uncertainties are driving up operational expenses.

“This is giving the cost on the higher side, which is making the Indian industry a little slow in giving its best contribution to the economy,” he noted.

STRONG CIRCULAR PUSH

Despite these pressures, tyre recycling remains a critical segment within India’s circular economy.

“This waste tyre recycling segment is a big segment in India, giving its best contribution to the circular economy,” Rana said.

The sector supports multiple product streams including rubber granules, tyre-derived oil and related outputs.

Certifications also play a vital role in accessing international markets, particularly in Europe. "In European countries, REACH compliance and certifications are very important because people give more importance to the environment as well as human safety,” he explained.

With required certifications in place, exports are not significantly constrained.

“We have all the certifications in hand, and based on that, we do not have any challenge exporting our products to those countries,” Rana added.

Dashmesh Group has built a strong legacy in the rubber recycling industry since its founding in 2005. From its beginnings as a tyre trader to the establishment of major facilities in Gujarat, the group has scaled its production capacity significantly. Today, it is one of the leaders in sustainable manufacturing, operating with a zero-waste philosophy and holding different certifications like ISO, ISCC, KVQA and UKCERT.

The group specialises in producing high-quality crumb rubber, reclaimed rubber, rubber mulch, rubber granules, tyre pyrolysis oil and recovered carbon black. These REACH-compliant materials serve as vital, cost-effective resources for various Indian industries.

DOMESTIC DEMAND AND EXPORTS

India continues to be a strong domestic market for recycled tyre products.

“Presently, we are giving 95 percent of our finished product to the local market. Only five percent is exported,” said Rana.

Exports are currently routed largely through channel partners with some direct customers as well.

“We are more focused on increasing volumes in the export market,” he noted.

Dashmesh Group serves a diverse portfolio of industries across India, positioning itself as a key supplier for specialised manufacturing and development sectors. A significant portion of their operations is dedicated to supporting tyre manufacturing companies, providing the essential materials or components required for large-scale automotive production.

Beyond the automotive sector, the group plays a vital role in the industrial handling market by catering to conveyor belt manufacturers. These partnerships are crucial for the production of heavy-duty belts used in mining, logistics and factory automation.

Furthermore, it is actively involved in the nation’s growth through its collaboration with road infrastructure companies. By supplying this sector, they contribute to the essential materials and logistical support needed for the construction and maintenance of India’s expanding highway and transit networks.

“In terms of distribution of finished products, approximately 40–50 percent goes to tyre industries, around 25 percent to conveyor belting and rubber component industries and the remaining 25 percent to road infrastructure,” Rana explained.

GROWING ECOSYSTEM

Dashmesh Group operates continuous pyrolysis systems and quality remains central to the company’s positioning.

“Since the beginning, we have been more focused on quality because we have a recycled product. When we give the best quality to our customers, we can maintain them,” Rana said.

He noted that India’s position as a global tyre manufacturing hub continues to strengthen, which eventually fares well for recyclers like them.

Additionally, India’s size contributes to sustained demand. “It is a wide country, so there is a huge requirement for tyres,” Rana noted.

Sustainability also remains central to operations. “Around the globe, tyre generation is high and we are completely aligned towards sustainability,” he said.

Operational scale reflects this commitment as the company processes approximately 20,000 tonnes of tyres in a month. This contributes to resource conservation.

The company’s sourcing model focuses on direct engagement with global collectors. “Our main target is to connect with actual tyre waste collectors and processors outside the country as this ensures visibility and long-term alignment,” said Rana

“It gives clear visibility to both importers and exporters regarding who is involved and what the future planning is,” he explained.

Collection networks are decentralised as they gather waste from small locations and collection yards within their respective countries.

EXPANSION STRATEGY

Dashmesh Group is aggressively expanding its physical footprint to establish a truly nationwide presence. According to Rana, the company is strategically positioning itself in all four corners of India to better serve its growing clientele.

Currently, the group operates key facilities in the Sarigam Industrial Area in Valsad, Gujarat, and the Wada Industrial Area in Palghar, Maharashtra. It also maintains a strategic presence near the Nhava Sheva port to streamline logistics and export operations.

The company is now focusing on the next phase of its growth by moving into the southern and eastern regions of the country.

New facilities are currently under construction in Chennai and Haldia, West Bengal.

Current production capacity stands at 19,000 to 20,000 tonnes per month across all products. The upcoming expansion will significantly increase scale, as with the two new plants, it will add 200–250 containers per month, which is around 6,000–6,500 tonnes.

Total capacity projection is estimated to reach between 25,000 to 26,000 tonnes per month.

While global expansion is part of the roadmap, the immediate focus remains India.

“We see a lot of opportunities within the country and want to capture them first before going outside,” said Rana.

Beyond operations, Dashmesh Group is focusing on awareness and education.

“We are educating overseas suppliers on how to make these products more usable in daily applications. This is critical given rising waste volumes,” he explained.

He added, “The waste tyres on the planet are increasing day by day, and this needs to be controlled. The goal is clear, which is to provide the best solution and best destination for these materials.”

Apollo Tyres CFO Gaurav Kumar Resigns After 22 Years

Apollo Tyres CFO Gaurav Kumar Resigns After 22 Years

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

Shrader Tire & Oil Expands Bob Feldbauer's Role To President And COO

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.”

BKT Drives Beyond Off-Highway With Mumbai Airport Brand Showcase

BKT Drives Beyond Off-Highway With Mumbai Airport Brand Showcase

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

Epsilon Carbon - LNG - Electric truck

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.