All through the pandemic marred fiscal, the tyre industry turned adversities into opportunities. If there were headwinds like the availability of Natural Rubber (NR) and the shortage of performance tyres, the industry tactically dealt with them to the extent possible with an emphasis on encouraging local produce by Indian growers. The segment also benefitted from the tailwinds like government interventions restricting high volumes of import, revised axle-load norms compelling OEMs to re-engineer, demand for replacement tyres and the buoyancy of Indian exports. At a time when international trade was faced with disruptions owing to the Covid-19 pandemic, tyre exports from India are known to register a 70 per cent growth. "The export performance bears testament to the ability of the Indian tyre industry to meet the rising expectations from India in the new geopolitical scenario despite the odds of challenging times", averred Satish Sharma, Chairman of Automotive Tyre Manufacturers Association (ATMA) and President - the Asia Pacific, Middle East & Africa (APMEA), Apollo Tyres Ltd.
Denne historien er fra July 2022-utgaven av Auto Components India.
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Denne historien er fra July 2022-utgaven av Auto Components India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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NEW ZF TESTING LAB IN THE UK
ZF has opened a new testing lab in the UK. UK’s first dedicated 800V Test and Validation Laboratory is located at its R&D hub in Solihull.
CUMI RECEIVES TOT FROM DMRL
Carborundum Universal Limited (CUMI) receives Transfer of Technology (ToT) from Defence Metallurgical Research Laboratory (DMRL) to manufacture add-on composite armour for Wheeled Armoured Platform (WhAP) vehicles.
NEOLITE ZKW OPENS NEW PLANT IN PUNE
Neolite ZKW has opened a new eco-friendly manufacturing plant in Pune.
BRIDGING THE SKILL GAP
In an upfront interaction, Marcos Oliveira, President and CEO of lochpe-Maxion S.A. speaks about the upskilling initiative to bridge the skill gap and create a level playing field, with Upendra Kasbekar.
TECHNICAL EMPOWERMENT AT MAXION WHEELS
In an era where the need for skilled labour is more pressing than ever, initiatives focused on upskilling through industry-academia collaboration have become pivotal to national growth, writes
CROSS BORDER SOLUTIONS
In the automotive aftermarket, the push for digitisation has become essential for companies of all sizes seeking a competitive edge in global e-commerce
FRONT-ENGINE MULTIAXLE GARUD
Ashok Leyland has unveiled the Garud, a testament to advancements in bus chassis engineering featuring an innovative architecture and quality aggregates, writes Upendra Kasbekar.
VEERO CHASSIS AND UNDERPINNINGS
Mahindra Veero spotlights chassis innovations and robust underpinnings. The advancement in the underpinning is significant, writes .
POWERTRAINS AND THE EVOLVING AFTERMARKET
The 27th edition of Automechanika Frankfurt got underway, marking the return of the global automotive industry's largest B2B aftermarket trade fair. It underscored the powertrains and the evolving aftermarket,
HIGH PRECISION PRODUCTION
MR Components leverages intelligent automation to produce high-precision gear components monthly, optimising output with unmanned operations. In an upfront conversation, Alessandro Reguzzo, Founder and MD of the company shares the fundamental philosophy with Team
