Post Tagged with: "Tyre industry"

Tyre makers in India continue to be optimistic on the basis of a medium to long term growth prospects.

Tyre makers in India continue to be optimistic on the basis of a medium to long term growth prospects.

Expected to witness a swift recovery in financials during the second half of the fiscal on the basis of a recovery in Indian operations and continued expansion in the European market, Apollo Tyres has reported a 270.5 per cent year-on-year increase in consolidated net profit of Rs.289 crore for the quarter ending 31 March, 2021. It is bullish about a[Read More…]

by June 14, 2021 News, Tyre Talk
Arvind Poddar of BKT enters the TIA Hall of Fame

Arvind Poddar of BKT enters the TIA Hall of Fame

Arvind Poddar, Chairman and Managing Director of BKT has been officially announced as this year’s honoree for the TIA Hall of Fame Award. Roy Littlefield, the Executive Vice President of the Tire Industry Associations (TIA) officially announced the names of the honorees for the 2018 Hall of Fame Award. Arvind Poddar, one of the leading Off-Highway tyre manufacturers headquartered in[Read More…]

by July 30, 2018 News
Tyre industry looks up

Tyre industry looks up

Despite posting weak numbers in the first half of FY2017-18 largely due to GST uncertainties and de-stocking by dealers, traction in the domestic tyre industry is expected to recover in latter half of FY2018-19. Credit rating agency ICRA expects the tyre industry to post volume growth of up to eight per cent, posting unit volumes of nearly 1,805 lakh tyres[Read More…]

by February 16, 2018 News