(From left) Rajeev Kumar Sinha, Chief Manufacturing Officer, Apollo Tyres Ltd; Kultaran Singh Atwal, Former President, All India Motor Transport Congress; Rajesh Dahiya, Vice President, Commercial, Apollo Tyres Ltd and Rinika Grover, Head, Sustainability and CSR, Apollo Tyres Ltd

Celebrating a significant 25-year legacy, Apollo Tyres has launched the Swasth Saarthi app and unveiled a pivotal white paper titled ‘Truckers – the Backbone of Our Supply Chain’. These initiatives mark the latest evolution in the company's enduring healthcare programme, which was established in 2000 to serve the trucking community. The milestone event was attended by senior Apollo Tyres leadership, including Rajeev Kumar Sinha, Chief Manufacturing Officer, and Rajesh Dahiya, Vice President, Commercial (India, SAARC, Southeast Asia) of Apollo Tyres Ltd, alongside Kultaran Singh Atwal, Former President, All India Motor Transport Congress.

The newly released white paper provides a profound look into the lives of truck drivers, detailing their unique challenges and the risks inherent in their profession. It identifies a critical demand for mobile healthcare, with 74 percent of drivers surveyed expecting access to medical support while on the road. This need is matched by an opportunity, as the same percentage of drivers use smartphones, creating a perfect avenue for digital health interventions.

The Swasth Saarthi app is Apollo Tyres' direct response to this demand. Designed for a life in transit, the application provides truck drivers with immediate medical support through features like video consultations with doctors and a tool to locate the nearest Apollo Tyres Healthcare Centre. The company projects that the app will serve around 10,000 drivers in its initial phase, extending healthcare beyond its physical network.

Rajeev Kumar Sinha emphasised the company's ‘One Family’ values, highlighting a commitment to tailored care that has grown from the pioneering Healthy Highway Project into a comprehensive health ecosystem. What began with a focus on HIV awareness has expanded over a quarter-century to include mobile medical units, vision care and management of tuberculosis and other diseases. To date, the Apollo Tyres Foundation has reached over 11 million beneficiaries through more than 1,000 health camps and 34 healthcare centres across 21 states, solidifying its role as a vital partner to the nation's supply chain workforce.

Comments (0)

ADD COMMENT

Link Copied!

MRF Limited reported a 15 per cent rise in consolidated total income for the third quarter ended 31 December 2025, supported by stronger demand across original equipment and replacement segments.

Total income rose to INR 81.75bn, compared with INR 70.99bn in the corresponding quarter a year earlier. Consolidated profit before tax increased to INR 9.17bn, up from INR 4.24bn a year earlier, after providing for an exceptional item of INR 0.77bn related to the new Labour Code.

Provision for tax during the quarter stood at INR 2.25bn. Consolidated net profit more than doubled to INR 6.92bn, compared with INR 3.15bn in the corresponding quarter of the previous year.

The company said both original equipment and replacement sales were robust during the quarter, aided by higher demand following the reduction in goods and services tax rates. Rural demand also improved, supported by good and widespread monsoons.

MRF said demand momentum from lower GST rates was expected to continue into the fourth quarter. Original equipment manufacturers were also expected to raise production levels, driven by higher anticipated sales and lower channel inventories.

The company said increased government spending on infrastructure, announced in the Union Budget, was positive for commercial vehicles and, in turn, the tyre industry. It also noted that trade agreements under discussion with several countries, including the European Union and the United States, could create export opportunities in the future.

The board of directors declared a second interim dividend of INR 3 per share, representing 30 per cent on the face value of INR 10, for the financial year ending 31 March 2026.

Comments (0)

ADD COMMENT

Link Copied!

TVS Srichakra Limited has approved a capital investment of up to INR 21 billion to expand manufacturing capacity at its Unit 2 facility in Rudrapur, Uttarakhand.

The decision was taken by the board of directors at a meeting held on recently, the company said.

The investment will be directed towards capacity addition at the existing plant, which currently has an annual production capacity of about 9.2 million to 9.5 million tyres. Capacity utilisation at the unit stands at roughly 80–85 per cent.

The proposed expansion is expected to raise capacity by about 40–45 per cent and is scheduled to be completed in the first half of the 2027–28 financial year.

The company said the investment would be funded through a combination of internal accruals and debt. The expansion is intended to meet growing demand for the company’s two-wheeler and three-wheeler tyres.

TVS Srichakra disclosed the development under Regulation 30 of the Securities and Exchange Board of India’s listing regulations.

Comments (0)

ADD COMMENT

Link Copied!

At a meeting of the Pirelli Board of Directors, the management presented an analysis of the evolving automotive competitive landscape. This environment is now defined by increasingly integrated and connected systems, such as software-defined vehicles and autonomous driving, which have transformed the tyre into a sophisticated, data-driven component. In this context, Pirelli’s pioneering Cyber Tyre technology – a hardware and software system that communicates in real time with both vehicles and road infrastructure – was underscored as a critical strategic asset. Its validity is confirmed by adoption from major prestige car manufacturers and relative agreements with the Apulia Region, Movyon and Anas for smart road services.

Following this assessment, CEO Andrea Casaluci presented a clear position, asserting that all Cyber Tyre activities must continue to be developed in a fully integrated manner with the rest of the Pirelli Group, both functionally and organisationally. He emphasised that management must align completely with the Group’s strategic and industrial approach, expressly rejecting any project that could lead to even partial compartmentalisation, separation or segregation of this business unit. The Board voted on this management consideration, resulting in nine votes in favour and five against. Directors Chen Aihua, Zhang Haitao, Chen Qian, Fan Xiaohua and Tang Grace cast the dissenting votes.

The management further detailed the substantial risks of fragmenting the Cyber Tyre operations, arguing such a move would be unworkable. It would critically undermine the integrated business model that relies on constant interplay between technology, innovation, production and marketing. Isolating the Cyber Tyre business would involve transferring related patents, thereby stripping Pirelli of free access to its own strategic know-how and contradicting core principles of the company Bylaws. This segregation would weaken technological development, erode Pirelli’s competitive edge and innovative leadership and reduce synergies while increasing costs through duplicated structures. Ultimately, it would trigger significant value destruction, impair financial solidity and still fail to address the limitations imposed by relevant US legislation.

Comments (0)

ADD COMMENT

Link Copied!

Giti Tire has achieved International Sustainability and Carbon Certification PLUS (ISCC PLUS) accreditation for its Anhui and Fujian Province plant in China, a major production site for its passenger, light truck and heavy-duty tyres destined for the European market. This globally recognised standard verifies sustainable practices across raw material sourcing, production and supply chain management. It mandates certified sustainable feedstocks, verified reductions in greenhouse gas emissions, robust waste and circularity systems and strict traceability, all while meeting social sustainability criteria.

This certification strengthens Giti Tire's capacity to develop tyres carrying the ISCC PLUS label. The milestone aligns with the ambitious goals detailed in the company’s 2024 Sustainability Report, which includes targeting net-zero for its global Scope 1 and 2 emissions by 2050. To support these objectives, Giti is making significant investments in renewable energy and sustainable manufacturing processes. A key initiative is a new state-of-the-art carbon neutral production line at its Anhui plant, scheduled to commence operations in 2026, complementing broader efforts in innovative tire technologies aimed at improving fuel efficiency and lowering carbon output.

Dr Pang, Chief Sustainability Officer, Giti Tire, said, “ISCC PLUS accreditation is a landmark moment in our sustainability journey, verifying that key raw materials come from responsible and fully traceable supply chains as well as confirming our commitment to people and the planet. This recognition places us among the industry’s premium manufacturers, an achievement that reflects our rising leadership in the global tyre sector.”

Comments (0)

ADD COMMENT

Link Copied!