Improving Tyres With Growing Opportunities
- By Sharad Matade & Gaurav Nandi
- January 16, 2025
Bansal Wire Industries, India’s largest stainless steel wire manufacturing company, is charting a dynamic course in the Indian tyre market with innovative solutions aimed at enhancing performance and sustainability. Leveraging its expertise in the automotive sector, the company is introducing advanced steel cords and bead wire products designed to improve tyre efficiency, rolling resistance and fuel economy.
Bansal Wire Industries is optimistic on capitalising on the growth of the Indian tyre market as tyre makers endeavour to offer more efficient rubber wheels. The Delhi-based conglomerate is planning to introduce products within its tyre-industry portfolio that will improve performance. The company already caters to the automobile industry with products spanning outer and inner spring, circlips and washer categories.
Speaking to Tyre Trends on upcoming products, Managing Director Pranav Bansal iterated, “Our modern manufacturing setup enhances product performance; this is particularly in line with current industry trends as we move towards producing super tension and super tensile plus steel cord products. These innovations are expected to improve rolling resistance and reduce tyre weight, both of which contribute to better fuel efficiency and performance. We are actively embracing complete digitalisation and bringing more automation into our processes, helping us increase efficiency and ensure product consistency.”
He added, “We pride ourselves in being the only Indian company manufacturing steel cord for the PCR and TBR sectors with offerings in normal tensile, high tensile and super tensile (ST). Additionally, we have expanded our bead wire manufacturing capabilities with facilities in both South and North India and we continue to explore innovations to serve the evolving needs of the tyre industry.”
Alluding to the reason behind expanding into the tyre industry, he noted, “Our expansion into the tyre industry is driven by the increasing demands of durable, high-quality materials and products, as supported by industry research reports done by Invest India, among others. By diversifying our product portfolio, we aim to meet this demand for efficient materials. By focusing on high-quality steel cords and bead wires, we help improve tyre performance, which in turn enhances vehicle stability, handling and safety, especially under challenging road conditions.”
“The Indian tyre industry has witnessed a significant growth over the past few years, which is driven by an exponential increase in production, domestic sales, exports and overall revenue. An integral growth factor in this is the increase in the ownership of vehicles, which further aids the tyre industry. Additionally, the surge in demand for tyres for trucks and buses, fuelled by expanding mobility and industrialisation, has given a boost to the sector,” he added.
The company caters to over 5,000 customers, offering more than 4,000 different wire products across industries such as automotive, infrastructure and consumer durables. While its primary market is India, the manufacturer also exports products to over 50 countries. The US and Europe are among its largest markets, where it continues to see significant demand for products.
Industry talk
Bansal mentioned that the increasing demand in the automotive industry, domestically, presents tremendous opportunities for the company. “Our high-performing products allow us to constantly evolve. However, challenges like fluctuating raw material prices as well as the changing regulatory requirements could impact. Expansion internationally, specifically in regions like the US and Europe, provides significant opportunities, but geo-political risks and trade regulations could challenge the operations on a global level,” he noted.

Alluding to the strategies implemented by the company to meet the growing demands, he iterated, “In the automotive and tyre industry, collaboration with stakeholders is key to driving innovation and meeting the growing demand for high-quality wire products. We focus on building strong partnerships with manufacturers, suppliers and research institutions to align our solutions with industry needs. Regular engagement through industry forums, trade shows and feedback mechanisms allow us to understand evolving requirements and deliver solutions that enhance performance, safety and sustainability. By participating in joint development projects, sharing technical expertise and staying updated on emerging trends, we ensure our products remain at the forefront of technological advancements.”
Quality and sustainability
The company has manufacturing facilities for bead wire in both South and North India. The production capacity at its South India facility is 50 kilotonnes per year, and at the North India facility, it is 30 kilotonnes per year. Additionally, it has a pilot manufacturing site for steel cords in North India, which currently has a production capacity of 20 kilotonnes per year. The company plans to gradually scale up this capacity to meet the growing demand of the tyre industry.
Commenting on quality measures implemented to derive industry-grade materials, he explained, “We are committed to ensuring the highest product quality and will soon be the only company in India with dedicated in-house research and development wing for both steel cord and bead wire. Our research and development facility spans 12,000 square feet and is equipped with state-of-the-art equipment to drive innovation. To achieve 'First Time Right' production, we have conducted extensive gap analyses of our processes and implemented all necessary improvements. Additionally, our manufacturing facilities are equipped with cutting-edge machinery, all integrated with a complete digital interface to capture real-time data, ensuring the highest standards in production and quality.”
The company also puts focus in the principles of circularity with several initiatives. “Sustainability is a core focus area for us and we are addressing it in several ways. Our use of renewable energy has reached 70 percent in some of our plants and we are dedicatedly moving towards water positivity in many of our facilities. We are exploring the use of green steel in both our steel cord and bead wire products. To further reduce our environmental impact, we are investing in energy-efficient machinery and continuously seeking ways to minimise emissions across our operations,” said Bansal.
Future course
According to Bansal, the company is anticipating several key trends that will influence its business, including a strong focus on product innovation to enhance performance and quality. “We are committed to show resilience to maintain operational stability in dynamic markets. We work dedicatedly to improve the customer experience through feedback and satisfaction while also fostering diversity and inclusion within our workplace culture. Sustainability and corporate social responsibility remain priorities, alongside embracing technological advances to optimise our operations and product offerings for the future. These trends will guide our growth and ensure we stay ahead in a competitive market,” explained Bansal.
Besides, the company is also focused on significant growth opportunities through the establishment of new facilities and capacity expansions. “Our new manufacturing site in North India for both steel cord and bead wire has a current steel cord capacity of 20 kilotonnes per year with plans to scale it to 200 kilotonnes per year over the next five years. In bead wire, we now have two new state-of-the-art manufacturing facilities in South and North India with a combined production capacity of 80 kilotonnes per year, ensuring that we are well positioned to meet the increasing demand from our customers in the coming years,” concluded Bansal.
- Giti Tire
- EcoVadis Platinum Rating
- EcoVadis Sustainability Rating
- Environmental Stewardship
- ESG Ratings
Giti Tire Secures EcoVadis Platinum Rating For Second Consecutive Year
- By TT News
- March 13, 2026
Giti Tire has secured the EcoVadis Platinum Medal for the second consecutive year, positioning it within the top one percent of companies globally evaluated for sustainability. This ongoing distinction underscores the organisation's dedication to ethical operations, environmental stewardship and the generation of sustainable value throughout its worldwide activities.
The EcoVadis framework appraisals in four principal domains: environmental impact, labour and human rights, ethical conduct and sustainable procurement. This methodology offers a thorough benchmark for corporate sustainability. Earning Platinum recognition for two straight years indicates that Giti's environmental, social and governance efforts are not only effective but are also demonstrating ongoing enhancement.
Complementing this accolade, Giti’s manufacturing sites in Anhui and Fujian, China, recently secured ISCC+ certification. This dual achievement illustrates the company's holistic sustainability strategy. This approach encompasses corporate governance and operational excellence while also ensuring the responsible procurement of materials essential for developing next-generation tyres.
As the worldwide mobility industry moves towards more environmentally friendly solutions, Giti is persistently investing in advancements aimed at minimising ecological impact, all without compromising the safety, durability and performance expected by consumers. These milestones reinforce Giti's goal to emerge as a prominent contributor to sustainable mobility within the international tyre sector, offering conscientious products and methods that support its customers, collaborators and communities.
Francois Petiot, Director, International QA Centre, said, “Reaching the top is difficult – but staying at the top of the mountain is even harder. This achievement shows not only our commitment to sustainability, responsible business practices and continuous improvement but also the dedication and teamwork of everyone involved.”
Emyr Evans 40th Anniversary Resto-Mod Combines Vintage Tractor With MICHELIN AgriBib 2 Tyres
- By TT News
- March 12, 2026
Agricultural machinery specialist Emyr Evans marked four decades in business by restoring the first new tractor it ever sold. The Massey Ferguson 3065, originally purchased in late December 1995 for New Year delivery, has been beautifully brought back to life. It now rides on the latest MICHELIN AgriBib 2 tyres, supplied and fitted by Saracens, a trusted partner and part of the Michelin Quality Centre network. The tyres fitted are 340/85 R24 on the front and 420/85 R34 on the rear.
Emyr Evans founded the company with his wife Gwenda in 1986, starting with used tractors before becoming a Massey Ferguson dealer for Anglesey and Gwynedd in 1996 from their base in Gaerwen. By 2002, their territory had expanded to cover all of North Wales to the Cheshire border, prompting the opening of a second depot in Denbigh. Over the years, the business has grown by adding major franchises including JCB, Fendt, McHale, Pottinger and Bailey. Today, their sons Gwynedd and Berwyn manage the two depots.
The restored tractor is a significant piece of the company’s history, representing the last of Massey Ferguson’s 3000 series of versatile mid-range tractors. It was originally sold to a farmer in Anglesey and had worked there ever since. Despite its coastal location near the Irish Sea, it remained in working order but required dedicated care and attention.
The choice of modern Michelin tyres highlights the evolution in agricultural technology. The current AgriBib 2, with its improved tread pattern featuring 45-degree lugs, offers enhanced traction, durability and a higher load index to cope with the increasing weight of modern machinery. Comparing it to the Bib’X M18 from the 1990s illustrates this progress. For example, a 16.9 R34 Bib’X M18 carried a maximum load of 2,060 kg at 40 kmph, while the equivalent AgriBib 2 now carries 3,075 kg, an increase of over a tonne per tyre.
The restored Massey Ferguson 3065 is being showcased along with a collection of vintage tractors at the company’s 40th Anniversary Open Days (11 and 12 March) at their Denbigh depot on the Colomendy Industrial Estate.
Berwyn Evans, Director at the business, said, “The tractor was sold to a farmer in Anglesey and has been working there ever since. Due to the location by the Irish Sea, it needed some TLC but was still in working order. As the tractor is now 30 years old, it’s been a challenge tracking down replacement parts but a worthwhile one. When it came to fitting new tyres to this special tractor, the only choice was Michelin, which is king in the agricultural world.”
Bridgestone Announces Leadership Changes To Drive Premium Strategy In Central Europe
- By TT News
- March 12, 2026
Bridgestone Central Europe has announced leadership changes effective 1 March 2026, with Francesco Landolfo stepping into the role of Business Unit Director Commercial CER. He will oversee operations across Germany, Austria, Switzerland, Denmark, Finland, Norway and Sweden.
Landolfo takes over from Christoph Frost, who guided the commercial division for eight years and was instrumental in embedding the company’s premium approach throughout the region. Frost transitions to a new capacity as Director of Retread Business for Bridgestone EMEA, where he will manage the Bandag retreading enterprise across Europe.

Christoph Frost, Director Retread Business Bridgestone EMEA.
Waqqas Ahmad, Vice President Commercial Europe, highlighted that these moves are vital for advancing the premium strategy in Central Europe and within the retread sector. He noted that both individuals possess the necessary expertise and forward-thinking mindset to deepen client connections and reinforce the brand’s upmarket standing
Omni United Appoints Dr Mika Lahtinen As Associate VP For Raw Materials And Compounding
- By Nilesh Wadhwa
- March 11, 2026
Omni United has announced the appointment of Dr Mika Lahtinen as Associate Vice-President for Raw Materials and Compounding. The appointment is intended to internalise expert-led design and performance for the rubber compounds used in the company’s flagship brand, Radar Tires.
Dr Lahtinen joins the Singapore-headquartered firm with over 20 years of experience in tyre material innovation. He previously led material development at Nokian Tyres and managed global technology for tyre oils at Nynas, operating across Finland, Sweden and Singapore.
He holds a PhD in Polymer Materials Technology, and at Omni United, he will be involved in the development of materials and compounds, as well as collaboration with global suppliers to advance the company's tyre technology.
The move is designed to provide the manufacturer with direct control over the chemical engineering of its products. Omni United, founded in 2003, markets a range of consumer and commercial tyres under brands including Radar Tires, Patriot Tires and RoadLux.
Omni United sells products in more than 50 countries. Its primary brand, Radar Tires, has been manufactured as a carbon-neutral product since 2013. The integration of in-house compounding expertise is expected to support the company's commitment to innovation and logistics solutions within the global automotive sector.
In an statement the company stated, ‘Bringing Mika’s expertise in-house is a strong addition to our team. It allows us to take a more direct, expert-led approach to the design and performance of Radar Tires’ rubber compounds. With over 20 years in tyre material innovation, Mika has an extensive background in developing breakthrough materials, developing cutting-edge compounds, and collaborating with global suppliers to advance tyre technology.’

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