Tyres News

The price of natural rubber has increased from Rs 100 a kg to Rs 180 a kg. This surge in prices would eventually affect the price of vehicles as it is going to be costlier than before. Tyres manufactured in India have a ratio of 40% natural rubber and 50% of synthetics (petrol derivatives).

Apollo Tyres will invest up to USD 600 million (about Rs 4,000 crore) next fiscal to enhance capacity at its plants in India and abroad

Apollo Tyres has acquired Reifencom GmbH, one of the largest tyre distributors in Germany, for euro 45.6 million (around Rs 301 crore).

US-based tyre major Goodyear is looking at India with 'renewed interest', expecting to grow significantly in the country which is one of its biggest markets in Asia.

The overall incidence of problems cited by customers has dropped significantly to 9 per cent in 2015 from 18 per cent in 2010, it said.

With these tyres, there is no such thing as ' flat-tyre', and the best part about them is that they are fully recyclable.

According to the company, once completed, the plant will have a capacity to produce 5.5 million passenger car and light truck tyres and 675,000 heavy commercial vehicle tyres per annum.