Truck and bus radialisation is on the rise, and the future looks bright.
It was in 1977, that JK Tyres introduced radial tyre technology in India. It was way ahead of the time, and the tyres failed to strike a cord with the operators. Post the re-introduction of radial tyre in 1999, the going was slow. Truck and Bus Radials (TBRs) were introduced in 1999. During 2005-06, the market share of TBR remained a merge 3-5 per cent of the total Truck & Bus (TB) tyre market. A development that would provide impetus to the growth of TBRs took place in 2005. The Supreme Court passed a judgement which put in place strict guidelines against overloading. At around the same time, tyre companies began aggressively promoting the benefits of TBRs over bias-ply tyres. In over a decade, TBRs have found a calling in the bus industry in a big way. The trucking industry is also embracing radial tyres. With over 65 per cent of the transportation in India taking place by the means of trucks, rising radialisation bids well for the economic growth of the country among other factors like tightening emission norms and rising fuel prices.
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