After being selected as ATMA Chairman, Satish Sharma, President (APMEA) & Whole Time Director, Apollo Tyres, has big plans for the automotive and tyre industries, from enhancing exports to self-sufficiency in Indian rubber. He shares his views on collaborations in the tyre industry, the challenges of the sector and the problem of India being used as a dumping ground. Read on…

How have your priorities changed ever since being selected as the ATMA chairman?
I was the ATMA chairman even four years ago, and this is my second tenure. In terms of priorities, I want to pick up from where I left. At that point, we had started this whole journey of improving our exports. In fact, I was on record to say that the tyre industry could be the poster boy for the Indian government.

Looking back, I’m very happy to see that the exports have improved rather well. And this is just the beginning; we could do much more. Therefore, one priority is to see how we enhance our exports significantly from where we stand today.

The second priority is that a lot of regulations are on the anvil for the vehicles and the tyres as well. So my idea would be to engage with all the stakeholders and get them fast paced rather than going about it in a slow manner. Plus, I would like to get all views on board, optimise them for the industry, the government and different stakeholders and get them rolling, working towards a seamless transition for the regulations and betterment of all the stakeholders.

As for my third priority, it is the self-sufficiency point of the Indian rubber. The Indian rubber is a key priority of the commerce minister, Piyush Goyal, to narrow the gap between domestic demand-supply of natural rubber, which is around 35 to 40 percent. Hence, some of us have come together at his behest and have contributed in monetary terms to help the rubber board to do serious plantations in the potential of the North East. That corpus has been formed and one year of it has gone by. The acronym is NEMITRA. It is a collaboration between the tyre industry and the rubber board, under the aegis and direction of the commerce ministry. So we are very hopeful that the work we put in is going to yield results and India will be able to narrow this deficit between production and consumption.

Speaking of production and consumption, are you seeing a revival in demand?
The demand recovery for tyres is always an organically growing demand. If you look at the GDP of the country, it’s rather sectoral and a K-shaped recovery. Therefore, some sectors associated with infrastructure, e-commerce or the real estate sector, etc. are doing very well. However, at the same time, there is very steep inflation, and there is a possibility or worry that this inflation might destroy demand. The entire supply chain has to pass through this inflation and, finally, it has to be borne by the consumer. Whether the consumer reduces consumption or continues to consume at the rate at which he/she was before is a bit of a worry. But so far, the demand is holding on at a broader level.

OEMs are reviving as the chip shortage is getting under control. We are seeing CVs – a cyclical business – at the beginning of its upcycle, which is good news for them. In PVs, the supply chain issues are getting eased off. Plus, the tractor sector is also reviving; with a good monsoon forecast, the rural economy should come back – maybe not to the same level from two years ago, but still reasonably good.

With the current world situation, from the Covid pandemic to the Russia-Ukraine war to high inflation rates, do you think there is a need for more collaborations between tyre companies?
Collaborations have to be there, but they have to be very finely defined. Collaborations can always be on larger subjects like sustainability or raw materials, where research work can be done, resulting in collaboration. So these are areas where a deeper collaboration will help the industry. But it cannot be used to tackle inflation – that has to be left to market forces.

What are the present challenges you see in the tyre industry that need to be addressed?
The organic challenges include preparing ourselves for electrification and the changing regulatory framework. However, the key challenge for the Indian tyre industry right now is inflation. Our balance sheet sizes have halved over the last year. Moreover, the profitability has reduced significantly. There is a significant phase lag to the cost push. Therefore, these key challenges are what we really need to take care of in the short-term.

There has been a ban on Chinese tyres. How is this impacting the Indian tyre industry?
All global tyre companies that have come in India are now producing their tyres in the country. And therefore, it is self-sufficient as far as tyres are concerned. So technically, imports are not required to that extent, from that point of view.

The problem comes about when we are used as a dumping ground and the economic value of everything that has been put into place gets destroyed. And moreover, the promise we have for the Indian industry is getting short-changed. So that’s the argument.

I was telling my industry colleague, whose company is entering the US market, to not go the wrong way. But, in fact, to go, set up and position the Indian product and brand name the right way and to not spoil the market and get branded as the next cheap manufacturer after China. Because if one does it that way, then he/she is going to spoil it for everyone.

And, truth is, we can really do it the right way. We do have a cost arbitrage. Hence, we can give a more honest price internationally and give tier 1 quality at a tier 2 price. However, if one were to position oneself at the bottom of the barrel, then it will spoil everything.

What is happening to recycling and renewable sources to make tyres? How are things shaping up in India?
One regulation is on the anvil, which is the extended producer responsibility. It is in the draft stage and we are in discussion with the government. Fortunately, by the nature of our country, there is a self-recyclability of any and all products. Of course, this is in the unorganised segment, and we don’t talk or hear about it. But we have seen tyres being sold to make something as useful as slippers. So it finds its own value.

But there are no satellite pictures available in India showing dumps and dumps of used tyres lying anywhere; you will find that in the Middle East. But the government is organising this whole thing, and we have the extended producer responsibility coming – it will have a far higher recyclability and will focus more on renewable energy and getting green raw materials. Plus, it will prioritise the increase in the usage of recycled tyre parts.   

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TVS Industrial and Logistics Parks (TVS ILP) has leased 80,000 square feet of space at its facility in Visakhapatnam, Andhra Pradesh, to ATC Tires AP, a subsidiary of the Yokohama Group.

The site will serve as a mother hub warehouse to support domestic distribution and export operations for Yokohama passenger vehicle tyres, alongside off-highway tyre ranges under the Alliance, Galaxy and Primex brands. The deployment links regional manufacturing operations with maritime connectivity and trade routes in South and East India.

Ramnath Subramaniam, Joint Managing Director, TVS Industrial and Logistics Parks, said, "We are delighted to support ATC Tires and the Yokohama Group as they strengthen their presence in South India with an 80,000 sq. ft. mother hub warehouse at our Visakhapatnam park. This partnership reflects how our tech-enabled, well-connected infrastructure supports customers’ evolving operational and supply-chain requirements. With its strategic location, established industrial ecosystem and favourable government incentives, Visakhapatnam is emerging as an important destination for businesses across sectors. We see significant potential for companies across e-commerce, FMCG and other industries to leverage the city’s advantages, and look forward to supporting their growth."

Jose Motha, General Manager of Supply Chain Management, Yokohama, said, "An efficient, well-connected warehousing network is integral to building a resilient supply chain. With our highly automated facility in Visakhapatnam manufacturing passenger car and off-highway tyres, our collaboration with TVS ILP in the city is a strategic step towards strengthening our logistics infrastructure and enhancing operational efficiencies. Its connectivity to key trade routes and access to markets across South and East India will enable us to better address evolving business needs and build a more agile supply chain."

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With Europe now a core growth market and production stretched to the limit worldwide, Kumho Tire is investing heavily in local manufacturing and a focused truck-and-bus strategy built on measurable performance rather than brand glamour.

South Korean tyre major Kumho Tire, positioned as a value-driven brand, is now reigniting its plans to expand in Europe. In an exclusive interview with Tyre Trends, Ilhan Kurban, Marketing Manager at Kumho Tire Europe, outlines a company that has already delivered consistent expansion and is now repositioning for the next phase.

“We had an average about 13.3 percent YoY growth every year globally for the last several years. So, you can see, from having a turnover of USD 1.8 billion in 2020, we are now around USD 3.3 billion in 2025,” he said.

Last year the manufacturer sold 58.1 million tyres, with Europe becoming a central part of that momentum. The European replacement business alone generated around EUR 772 million and almost 15 million tyres, making the region increasingly important.

“That’s why our importance for Europe is really high at the moment and we are thinking to invest more and more in Europe because it’s getting like a core business for us,” shared Kurban.

LOCAL PRODUCTION TO UNLOCK FURTHER GROWTH

Until now, Kumho has relied on factories in Korea, China and Vietnam for expanding its sales in the global market. Vietnam in particular has completed its ramp-up and is shipping substantial volumes to Europe and the United States. Capacity across the network is at full stretch.

“We are already at maximum capacity utilisation at Kumho production facilities, be it in China, Korea or Vietnam. We need to have more production capacity for both TBR (truck and bus radial) and PCR (passenger car radial),” revealed Kurban.

Kumho Tire’s response, in early 2026, was a new plant in Opole, Poland, where groundbreaking has already begun. The project represents an investment of about USD 600 million. “The plant will have a production capacity to produce six million tyres initially and the production is expected to start by Q3 of 2028. We are planning to manufacture both PCR and TBR tyres,” said Kurban.

Interestingly, as per industry reports, Kumho Tire is committing an additional USD 45 million (KRW 59.6 billion) to accelerate the construction of its manufacturing facility in Opole. The capital allocation follows an investment of USD 54 million (KRW 73.3 billion) directed towards the new European plant last year.

In the long-run, the facility is expected to exceed manufacturing capacity of 10 million units by around 2030. Poland’s location within the European Union and its proximity to the German and central European markets make it a natural hub free of customs barriers. The plant is designed as a smart factory incorporating AI technology, automatic logistics and rigorous quality control – essential for meeting the demanding approvals of European customers, including premium vehicle manufacturers.

A second new factory is simultaneously under construction in Korea to replace the Gwangju site where a major fire incident in May 2025 led to extensive damage, bringing the latest automated processes on stream. Together the investments signal Kumho’s determination to support further volume growth while improving supply-chain resilience for European fleets.

REBUILDING TBR STRENGTH

Passenger-car radial remains Kumho’s primary business, yet the company has deliberately intensified its truck-and-bus radial efforts over the past two years. New long-haul and regional series covering all-position, trailer and drive-axle applications have been introduced with the latest Kumho technologies.

The tyre maker is already performing strongly in Italy, Poland and Scandinavia and is now targeting a deeper presence in Germany, where it previously struggled because of limited focus.

“Since the past two years, we had really focused on that to develop a new business opportunity for us and also get back into German market; that’s why we are also really working hard to introduce new products for German or for Central European market demands,” shared Kurban.

He acknowledges that reaching fleet customers requires a different approach from passenger-car marketing. Motorsport sponsorships and lifestyle campaigns have limited influence for the CV customer.

“It is most important to have qualified technical sales personnel in Germany, so we have onboarded special TBR sales managers. They visit customers and are providing test tyres to measure the mileage, check the performance and closely track the results,” explained Kurban.

An equally critical part of the growth strategy is the partner network. “The most important part for us is to have reliable retail partners, because we are a tyre manufacturer. At the end, it is not possible to bring the support fleet everywhere (for aftersales support),” averred Kurban.

For this reason, the company is strengthening its partnership in Germany and across Europe as the core part of its business. Logistics for large commercial tyres are complex, so distributors and service partners remain essential for delivery, technical support and ongoing customer relationships. Establishing a stronger aftersales and assistance network is a long-term objective, though for now, Kumho continues to rely on those partners.

The company also maintains a second brand, Marshal, positioned as a budget alternative for pure replacement demand.

In the organisation’s strategy, Kumho remains the halo brand focusing on quality-conscious customers as well as Original Equipment Manufacturers (OEMs). On the other hand, Marshal is not targeted at OE business and serves mainly conventional sizes where price is the dominant consideration.

THE CASE FOR PRODUCT SIMPLICITY

Kurban expects electrification to form part of a mixed technology landscape rather than a complete replacement of conventional powertrains in either passenger or commercial vehicles.

“Our expectation is that, at the moment, be it passenger vehicle or commercial vehicle segment, electrification will be an alternative to Internal Combustion Engine (ICE). But it cannot completely replace ICE vehicles; it will be a mixture of different technologies,” he said.

The challenge for a tyre maker is to avoid an explosion of specialised products that confuses dealers and complicates logistics. Kumho’s strategy is therefore deliberate simplicity.

“Our target and product strategy is to ‘keep it simple’, which means produce tyres that are suitable for both conventional and electric vehicles. We are introducing all new products as EV ready products optimised for rolling resistance, mileage and wet grip, among others, so all customer requirements are met by the same tyre,” he said.

That approach contrasts with brands that offer numerous near-identical sizes, creating stock-holding and selection difficulties. By designing tyres that serve both conventional and electric vehicles without performance compromise, Kumho aims to keep ranges manageable while still meeting the higher torque, weight and efficiency demands of modern commercial vehicles.

On the related question of smart or connected tyres, Kurban observes limited immediate demand from fleets. Most operators already track vehicles via GPS systems and calculate tyre efficiency from fuel consumption, mileage and operating hours. In-tyre sensors that deliver additional data remain uncommon in his experience.

SUSTAINABILITY THAT PAYS FOR ITSELF

It is no secret that for fleet operators, the topic of sustainability is becoming quite crucial, yet they are rarely prepared to pay a premium for it.

“The fleets are not ready to pay any surcharge on sustainable tyres, but they’re requesting everything about sustainability. It has to be economical and meet their sustainable targets, but they’re not willing to pay any additional money for it. To be honest, this part (sustainability) has to be taken care of by the tyre maker always,” he shared.

What they do measure rigorously is cost per kilometre. High mileage and low rolling resistance translate directly into lower fuel consumption and longer intervals between replacements – benefits that appear on the balance sheet.

Kumho therefore treats sustainability as inseparable from performance. He explained that manufacturers must deliver more durable, lower-resistance products without raising prices or sacrificing capability.

Replacement cycles themselves vary too widely for simple averages. Road conditions, driver behaviour and maintenance practices can produce differences of several hundred thousand kilometres.

“You can see a really big difference if you are driving on the German motorway or the autobahn, where you can achieve better mileage if the truck and the tyre pressure is well maintained. In contrast, to anyone in Turkey who’s only driving on roads with potholes and never checking the tyre will have a different replacement cycle,” he said, illustrating an example of how road conditions and maintenance habits affect tyre life.

Kurban is confident in Kumho’s overarching ambition of a 5 percent global market share and recognition as a premium quality brand, with Europe now central to that goal.

The upcoming Polish plant will supply both passenger and commercial tyres closer to customers. New TBR patterns are already reaching key markets, and the product philosophy continues to prioritise simplicity and measurable economy.

As Kurban puts it, Kumho’s strategy for fleet operators is to keep its value proposition straightforward – tyres that work across powertrain types, last longer, roll more efficiently and arrive through a reliable partner network – without demanding a sustainability surcharge.

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Continental has named Ashok Vedanayagam as Head of Commercial Specialty Tires Americas, a move underscoring the company's dedication to growth and customer service across its speciality tyre operations. In this capacity, Vedanayagam will manage the Earthmoving, Material Handling and Port Operations segments throughout North and South America.

He will direct every facet of the CST business in the region, advancing Continental's push to provide inventive tyre solutions and superior value to customers working in the challenging material handling, earthmoving and port settings.

With over 20 years of experience, Vedanayagam has served in numerous leadership roles spanning both the Commercial Truck Tire and Passenger and Light Truck Tire divisions, where he has consistently propelled growth, reinforced customer relationships and promoted market-driven approaches across various regions. The appointment reflects Continental's resolve to serve Americas customers through innovative products, sector knowledge and a sharp emphasis on operational excellence.

Renato Sarzano, Senior Vice President, Commercial Tires Americas, Continental, said, “Ashok’s extensive experience in sales, marketing and international business leadership makes him exceptionally well qualified for this role. His proven ability to build strong customer relationships, develop high-performing teams and deliver results across both consumer and commercial markets will be invaluable as we continue to strengthen our Commercial Specialty Tires business throughout the Americas.”

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SI Group has named Marcello Boldrini as its new Chief Executive Officer, with the appointment taking effect on 19 October 2026. He will take over from David Bradley, who has held the President and Chief Executive Officer role since 2019. The company is a global developer and manufacturer of performance additives, process solutions and chemical intermediates.

Boldrini arrives with over 30 years of leadership experience in speciality chemicals and materials, having worked across Europe, Asia and the Americas. He most recently served as Chief Executive Officer and a Director of Kraton Corporation, a Houston-based global speciality chemicals company. At Kraton, he drove growth and transformation efforts, including establishing a Transformation Office that delivered more than USD 100 million in annual EBITDA improvements. His earlier career included senior leadership positions at Houghton International, Momentive/Hexion and Ashland.

Based at SI Group's headquarters in The Woodlands, Texas, Boldrini resides in the Houston area. The leadership team will collaborate closely with him to sustain a strong emphasis on safety, operational performance and customer commitments. Customers, suppliers and other business partners are expected to continue working through their existing SI Group contacts.

Daryl Roberts, member of the SI Group Board of Directors, said, “We are pleased to welcome Marcello Boldrini as SI Group’s next CEO. Marcello brings significant experience in the global speciality chemicals industry and a strong track record of leading growth, transformation and operational improvement. His experience and perspective will serve SI Group well as we continue to strengthen our performance, serve our customers and execute our priorities.”

Boldrini said, “I am honoured to join SI Group as CEO and look forward to working with our employees, customers and partners. My initial focus will be on listening and learning, spending time with our teams and customers and collaborating with the leadership team to build on SI Group’s strengths and set clear priorities for the business. Safe and reliable operations, disciplined execution and delivering value for our customers will remain at the centre of our work.”

Shawn Abrams, member of SI Group’s Board of Directors, said, “On behalf of the Board, I want to thank David Bradley for his leadership and many contributions to SI Group. David led SI Group through significant change and some of the most challenging conditions our industry has faced. During his tenure, the company successfully completed its 2025 recapitalisation, strengthening SI Group’s financial position and providing greater flexibility for the future. We are grateful for David’s commitment to SI Group and its people, and we wish him continued success.”

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