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Tekni-Plex expands medical portfolio with Dunn Industries acquisition
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WAYNE, Pa.—Tekni-Plex Inc. is expanding its capabilities in specialty extruded medical tubing by acquiring Dunn Industries Inc. Financial details were not disclosed, but Tekni-Plex said the ...
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WAYNE, Pa.—Tekni-Plex is expanding its capabilities in specialty extruded medical tubing by acquiring Dunn Industries. WAYNE, Pa.—Tekni-Plex is expanding its capabilities in specialty extruded medical tubing by acquiring Dunn Industries. $WAYNE, Pa.—Tekni-Plex is expanding its capabilities in specialty extruded medical tubing by acquiring Dunn Industries.
Raw material prices still volatile
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WASHINGTON—Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts. Tire...
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WASHINGTON—Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts. WASHINGTON—Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts. $WASHINGTON—Volatility in raw materials prices for tires and rubber goods has moderated since last year, but is far from gone, according to manufacturers and industry analysts.
Bridgestone, Goodyear to create 50/50 wholesale venture
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AKRON—Bridgestone Americas and Goodyear are combining their respective wholesale tire distribution assets into a 50/50 joint venture, called TireHub L.L.C., that will operate through 80-...
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AKRON—Bridgestone Americas and Goodyear are combining their respective wholesale tire distribution assets into a 50/50 joint venture, called TireHub, that will operate through 80-plus distribution centers nationwide. AKRON—Bridgestone Americas and Goodyear are combining their respective wholesale tire distribution assets into a 50/50 joint venture, called TireHub, that will operate through 80-plus distribution centers nationwide. $AKRON—Bridgestone Americas and Goodyear are combining their respective wholesale tire distribution assets into a 50/50 joint venture, called TireHub, that will operate through 80-plus distribution centers nationwide.
Impact of steel tariffs looms over industry
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WASHINGTON—Tire manufacturers still are assessing the possible effects of 25 percent tariffs on tire-quality steel wire rod imports to the U.S., but all indications are that the impact...
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WASHINGTON—Tire manufacturers still are assessing the possible effects of 25 percent tariffs on tire-quality steel wire rod imports to the U.S., but all indications are that the impact could be sweeping. WASHINGTON—Tire manufacturers still are assessing the possible effects of 25 percent tariffs on tire-quality steel wire rod imports to the U.S., but all indications are that the impact could be sweeping. $WASHINGTON—Tire manufacturers still are assessing the possible effects of 25 percent tariffs on tire-quality steel wire rod imports to the U.S., but all indications are that the impact could be sweeping.
Photo gallery: Ace shows off expansion
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RAVENNA, Ohio—At Ace Products and Consulting's open house on April 12, visitors showed up to see the facility after the company finished its most recent expansion. Ace added 3,500 square...
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RAVENNA, Ohio—At Ace Products and Consulting's open house on April 12, visitors showed up to see the facility after the company finished its most recent expansion. RAVENNA, Ohio—At Ace Products and Consulting's open house on April 12, visitors showed up to see the facility after the company finished its most recent expansion. $RAVENNA, Ohio—At Ace Products and Consulting's open house on April 12, visitors showed up to see the facility after the company finished its most recent expansion.
Continental developing aquaplaning warning system
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FRANKFURT, Germany—Continental A.G. engineers are developing an aquaplaning alert system that uses signals from surround-view cameras and tire-mounted electronic sensors to warn the...
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FRANKFURT, Germany—Continental engineers are developing an aquaplaning alert system that uses signals from surround-view cameras and tire-mounted electronic sensors to warn the vehicle's driver and engage active stabilization measures. FRANKFURT, Germany—Continental engineers are developing an aquaplaning alert system that uses signals from surround-view cameras and tire-mounted electronic sensors to warn the vehicle's driver and engage active stabilization measures. $FRANKFURT, Germany—Continental engineers are developing an aquaplaning alert system that uses signals from surround-view cameras and tire-mounted electronic sensors to warn the vehicle's driver and engage active stabilization measures.
Doublestar set to take control of Kumho
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SEOUL, South Korea—Qingdao Doublestar Group may finally be gaining control of Kumho Tire Co. Ltd.After nearly a year of offers, Kumho said in an April 1 statement that its management and...
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SEOUL, South Korea—Qingdao Doublestar Group may finally be gaining control of Kumho Tire. SEOUL, South Korea—Qingdao Doublestar Group may finally be gaining control of Kumho Tire. $SEOUL, South Korea—Qingdao Doublestar Group may finally be gaining control of Kumho Tire.
Commerce postpones countervailing duty determination on rubber bands
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WASHINGTON—At the request of Alliance Rubber Co., the U.S. Department of Commerce is postponing its countervailing duty determinations on rubber bands imported from China and Thailand until...
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WASHINGTON—At the request of Alliance Rubber, the U.S. Department of Commerce is postponing its countervailing duty determinations on rubber bands imported from China and Thailand until July 2. WASHINGTON—At the request of Alliance Rubber, the U.S. Department of Commerce is postponing its countervailing duty determinations on rubber bands imported from China and Thailand until July 2. $WASHINGTON—At the request of Alliance Rubber, the U.S. Department of Commerce is postponing its countervailing duty determinations on rubber bands imported from China and Thailand until July 2.
Editorial: Time to downshift self-driving to a slightly lower gear
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Momentum can be a phenomenon that cuts both ways. On the good side, it can carry a promising technology over the finish line if the right parties put the proper support behind it. On the flip...
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When it comes to transportation, safety must always be the top priority. While many predict that self-driving vehicles will cut accidents drastically, more advancements are needed to make this a reality. When it comes to transportation, safety must always be the top priority. While many predict that self-driving vehicles will cut accidents drastically, more advancements are needed to make this a reality. $When it comes to transportation, safety must always be the top priority. While many predict that self-driving vehicles will cut accidents drastically, more advancements are needed to make this a reality.
Auto suppliers splitting in two to deliver next-generation technologies
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Auto component suppliers around the world are tearing themselves apart. On purpose. They are convinced that by no longer being conglomerates, they will gain favor from investors and industry...
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Auto component suppliers are convinced that by no longer being conglomerates, they will gain favor from investors and industry customers. And so, like amoebas under a microscope, parts makers are splitting in two. Auto component suppliers are convinced that by no longer being conglomerates, they will gain favor from investors and industry customers. And so, like amoebas under a microscope, parts makers are splitting in two. $Auto component suppliers are convinced that by no longer being conglomerates, they will gain favor from investors and industry customers. And so, like amoebas under a microscope, parts makers are splitting in two.
Digital Edition
Digital Edition
Published on September 11, 2014

ITEC 2014 Paper 52: Indian Tire Industry--Opportunities and Challenges of Radialisation

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Date Published September 11, 2014
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Economic growth requiring increased mobility accelerates changes in automobile and Tyre industry globally.  Over the next decade, the global demand for vehicles and components including tire will be driven by growing markets comprising of China, India, Indonesia, Brazil, Russia, South Africa & Turkey, accounting for over 60% of global vehicle production.  India with large young population, sound Economic fundamentals is expected to witness strong growth in vehicle production across all segments and will be the third largest light vehicle market by 2025 as per JD Power Survey.  The Indian Tyre industry, backed by overall economic development and growth potential, has bright prospects.  Present total turnover of Indian tire industry is USD 10 billion (2013-14) and more than 5% share of the world tire market has global ambition as it prepares for major capacity expansion and market reach. With the increased preference of Radial Tires by Original Equipment Manufacturers (OEMs),various large fleet owners and Bus segment,   Radialisation in Commercial segment is expected to double by the year 2019-2020 from current level of 25% in the year 2013-14, against world average of 65%. The Radialisation in Passenger Car segment has already reached almost 100% in India.   The opportunity and challenges posed by recent development in Indian Automobile industry will be discussed with special reference to Radicalization of commercial vehicle segment including factors affecting the rate of change.  Preparedness of Indian tire industry to respond to global situation will also be discussed.  Lead author is Mr. VK Misra, Technical Director, JK Tyre & Industries Ltd, however  at ITEC the paper was presented on Mr. Misra's behalf by Mr. Vipin Basan, General Manager--Global Product Development PLT, JK Tyre & Industries Ltd.

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