Apollo Tyres has announced that as a responsible and progressive tyre manufacturer, it has made further commitments in the Environment, Social and Governance (ESG) space. The company has undertaken the following commitments towards sustainability –

• Commitment to be carbon neutral by 2050. This would entail improving Scope 1 and Scope 2 emission intensity by 25 percent by 2026, against baseline year of 2020, and an increase in renewable power in total power share to 25 percent by 2026.
• Improving water withdrawal intensity by 25 percent by 2026 against baseline year of 2019.
• Commitment to improve its Diversity and Inclusion (D&I) to 12 percent globally by 2026.
• Increasing usage of sustainable raw material to 40 percent by 2030.

Speaking about the defined targets, Neeraj Kanwar, Vice Chairman and Managing Director, Apollo Tyres Ltd, said, “With an aspiration to be carbon neutral by 2050, we are working towards creating climate-resilient operations. Dedicated teams and investments are being made in energy-saving initiatives and towards renewable energy to be prepared for the future and to contribute towards a decarbonised tomorrow.”

Apollo Tyres claims that it has systems in place to monitor and analyse its GHG emissions, which are independently verified by a third party and reported annually in its sustainability disclosures. The company has undergone climate risk assessment as per the taskforce on Climate Related Financial Disclosure (TCFD) framework. Based on the identified areas, mitigation strategies have been formulated and an action plan drawn to put them into action, states Apollo Tyres.

With the Andhra Pradesh facility in India already running completely on biomass, the company has accelerated its journey towards renewable energy usage across operations and to move away from fossil fuels. According to Apollo Tyres, the Chennai plant has guaranteed a supply of 40 million units through its investment in solar power. Similarly, the Vadodara facility has captive capacities for solar and wind energy. Given the energy crisis in Europe, the operations are continuously improving upon its energy efficiency, claims the tyre manufacturing company. At an overall organisation level, nearly 10 percent of power requirement in FY22 was met by renewable sources. The company states that it is committed to increase this to 25 percent by 2026.

Apollo Tyres, in line with international tyre manufacturers, has taken an ambitious goal of achieving 40 percent sustainable material in its tyre compounds by 2030. As per the company, the split up of sustainable materials will be 30 percent biomaterial and 10 percent recycled material. The company is investing in R&D and manufacturing to achieve the above target by conducting a life-cycle assessment (LCA) for its products.

According to Apollo Tyres, the tyre manufacturing company gives paramount importance to the judicious use of water. Several steps have been taken within the organisation to ensure the reuse and recycling of water, in addition to increasing the awareness regarding the same in the communities around. As per Apollo Tyres, the tyre company monitors the specific water withdrawn per tonne of product and has a roadmap to reduce it over a period. This water footprint is independently assured by a third party and reported in sustainability disclosures.

The company claims that it understands the importance of harnessing the power of D&I amongst its workforce. It further states that it has been bringing in changes in policies and practices, undertaking targeted recruiting and building global cross-cultural teams.

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Indian tyre maker to pass full benefit of tax cuts to customers from 22 September

CEAT Limited said on Thursday it would reduce prices across its entire tyre range following the Indian government’s decision to cut goods and services tax (GST) rates on tyres, with the full benefit being passed on to customers.

The Mumbai-based tyre manufacturer said new prices would take effect from 22 September, covering commercial, agricultural, passenger vehicle and two-wheeler segments.

India’s 56th GST Council meeting approved significant reductions in tax rates for the tyre industry. GST on new pneumatic tyres was cut to 18% from 28%, whilst tractor tyres and tubes will attract a reduced rate of 5%.

“We thank the Government of India and the GST Council for their timely and progressive decision to rationalise tax rates in the tyre sector,” said Arnab Banerjee, Managing Director & CEO of CEAT Limited.

“The reduced GST slabs will greatly benefit the tyre industry and consumers alike. Not only will it lower the cost of owning and operating a vehicle for customers across various segments, but by making tyres more affordable to replace, it will also make our roads safer.”

Banerjee added the move would “spur formalisation and greater compliance, while also fostering sustainable growth in the sector.”

The GST rate cuts represent a significant policy shift for India’s automotive sector, where high taxation has been a longstanding concern for manufacturers and consumers.

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The Yokohama Rubber Co., Ltd. has been officially recognised as a DX Certified Business Operator by Japan's Ministry of Economy, Trade and Industry (METI). The designation, which was granted on 1 September 2025, identifies companies that are thoroughly prepared for digital transformation as outlined by the Digital Governance Code.

This certification acknowledges Yokohama Rubber's comprehensive strategy for digital transformation, which is built on three core objectives: advancing business strategy, contributing to sustainability and reinforcing its IT infrastructure. Central to this effort is the company's proprietary AI framework, HAICoLab (Humans and AI ColLaborate), which drives group-wide digital initiatives. These include improving productivity, innovating processes, developing digital talent and building a global cloud-based IT system. The certification confirms that the company's efforts not only meet METI's stringent criteria but also demonstrate appropriate disclosure of information to its stakeholders.

Moving forward, the company said it will continue to leverage data from its entire value chain to adapt to a dynamic business environment. The company aims to enhance customer value, pursue sustainable innovation and transform its corporate culture to strengthen its competitive position and ensure long-term growth.

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TyresNmore, the automotive aftermarket e-commerce platform owned by RPG Group, has promoted Rakesh Tatikonda to Chief Executive Officer and announced the change with immediate effect.

Tatikonda, who previously oversaw business operations at the Mumbai-based firm, will spearhead the organisation’s expansion and innovation strategy. The appointment advances RPG Group’s ‘Talent First!’ policy, which rewards internal promotions and develops employees.

The new chief executive brings over 15 years of industry experience, having worked across multiple sectors with companies such as telecommunications giant Reliance Jio and IT services provider Infosys. Before joining TyresNmore in 2022, Tatikonda held senior positions at tyre manufacturer CEAT, where he developed expertise in strategy, operations, marketing and digital transformation.

“My aim is to transform automotive aftercare in India by offering seamless, tech-driven, end-to-end mobility solutions delivered with trust, transparency, and convenience right at the customer’s doorstep,” Tatikonda said in a statement.

TyresNmore operates a doorstep service model for tyre and battery replacement across six major Indian cities: Delhi NCR, Mumbai, Bangalore, Hyderabad, Pune, and Chennai. The platform represents RPG Group’s entry into the growing automotive aftermarket sector, which has seen increased digitisation as consumers seek convenient maintenance solutions.

During his tenure in operations, Tatikonda scaled the business and improved profitability while driving digital transformation initiatives. His track record shows he strengthened operational efficiency and enhanced customer experience in the mobility convenience sector.

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Vaculug, Europe’s largest independent retreader producing high-quality OTR and truck retread tyres for fleets across the UK and Europe, has expanded its UK presence by acquiring Tyrefair in Kinross, Scotland.

This strategic acquisition extends the company's award-winning service further north, ensuring Scottish customers receive the same high-quality OTR and truck retread tyres Vaculug has supplied for 75 years. Since the purchase, the Kinross location has already grown by 25 percent, with an ambitious target to double its business within a year and then double it again.

This move is a key part of Vaculug's 2026 growth strategy, focused on strategic acquisitions that enable better, faster and more sustainable customer service. The acquisition reinforces Vaculug’s long-standing environmental mission, marking a new chapter of sustainable growth with a strengthened Scottish operation.

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