JK Tyre & Industries Managing Director Anshuman Singhania

JK Tyre is preparing to step up exports from India to the United States as a long-awaited Indo-US trade agreement moves closer to completion, even as the company continues to serve the American market through its Mexico subsidiary to navigate existing tariff structures.

Speaking at the company’s FY26 third-quarter media briefing, Managing Director Anshuman Singhania said that JK Tyre expected tyres made in India to secure a favourable position compared with imports into the US from Vietnam and other Southeast Asian countries once the agreement is signed.

“We expect to be either at par or in a better position. Once there is clarity on the duty structure, we will step up exports from India to the US,” he said, adding that clarity on the agreement was expected shortly and that the company would study the fine print before acting.

For now, JK Tyre maintains its presence in the US through JK Tornel, its Mexico-based subsidiary, where passenger car tyres attract almost zero duty into the American market. Earlier, around 3-4 percent of the company’s total revenue came from exports to the US, a share that could be reinstated depending on the final contours of the trade deal.

The company is also closely watching progress on a separate trade agreement between India and the European Union, which it believes could further improve export prospects for Indian tyre makers once signed by all member countries.

A strategic hedge

JK Tornel’s role in the company’s export strategy has become more prominent amid trade uncertainties. The Mexico arm allows JK Tyre to continue servicing the US market while India-US trade terms remain under negotiation.

Singhania made it clear that JK Tyre is ‘not giving up’ on the US market. Instead, it is using geography and duty structures to its advantage while awaiting clarity that could make India a viable export base again.

The management noted that, at times, strong domestic demand makes it more prudent to prioritise India over exports to the US. However, with additional capacities coming on stream, JK Tyre expects to have greater headroom to participate more aggressively in overseas markets.

While export strategy is evolving, the company’s current momentum is firmly anchored in the domestic market.

JK Tyre reported strong traction across both OEM and replacement segments, supported by festive demand, GST-led formalisation benefits and positive rural sentiment. Domestic volumes grew 16 percent year on year.

Replacement volumes rose 11–12 percent, while OEM volumes grew between 24 percent and 27 percent, reflecting robust demand from vehicle manufacturers.

A key driver has been the rebound in the commercial vehicle (CV) segment, which had remained subdued for nearly 18 months. JK Tyre, which commands one of the highest market shares in this category, is seeing renewed traction as freight movement and trucking activity improve.

The passenger vehicle OEM segment is also witnessing healthy momentum, contributing to overall growth across segments.

Market shifts

Singhania highlighted a visible shift in market demand towards premium tyres and larger rim sizes. The company is positioning itself to benefit from this trend by expanding its passenger car radial (PCR) portfolio and developing multiple sizes for export markets, particularly Europe.

The company has secured new OEM approvals to supply tyres for electric vehicle variants such as the Hyundai Creta EV and Tata Punch EV. The newly launched Renault Duster also features JK Tyre’s 18-inch Ranger HPE tyres.

The executive indicated that premiumisation and EV-linked demand are becoming structural drivers in the passenger vehicle tyre segment.

The company has announced an investment of INR 11.3 billion to expand capacity in truck and bus radials (TBR), PCR and other segments across multiple locations. This will increase overall capacity by nearly seven percent.

This follows a recently completed INR 15 billion expansion in PCR tyres that increased capacity by around 26 percent. On this expanded base, the company will now add another 4-5 percent capacity in passenger vehicle tyres.

Company Executives noted that this capacity addition would provide additional headroom to cater to both domestic growth and export opportunities once trade conditions become favourable.

The recent merger of subsidiary Cavendish Industries (CIL) into JK Tyre, completed in December, is expected to significantly improve operating efficiency and financial flexibility.

With the integration, JK Tyre now has full access to capacities at the Laksar and Tripura plants. While these capacities were earlier consolidated operationally, company officials said that the merger would now allow better realisation of large-scale synergies.

JK Tyre will also leverage its marketing and service network for CIL products. Importantly, the parent company’s higher credit rating will result in lower interest costs for working capital and term loans previously availed by CIL, which had an A+ rating.

The company expects overhead savings, interest cost reductions and operational efficiencies to support faster expansion.

Material outlook

Addressing concerns around commodity price volatility, Singhania said that the raw material basket saw a decline of nearly one percent during Q2 and Q3.

Going forward, raw material prices are expected to remain range-bound within 1–2 percent. Even if there is a marginal rise, JK Tyre believes strong demand conditions will allow it to pass on costs without disturbing margins.

“We do not see anything that may disturb the apple cart,” Singhania said.

He also announced that the company had earned a Silver rating in the latest EcoVadis ESG assessment, placing it among the top seven percent of companies globally.

The company said this recognition reflects its performance across sustainability pillars and aligns with its vision of becoming a green company by 2050.

A record quarter

JK Tyre reported its highest-ever consolidated quarterly revenue of INR 42.35 billion in Q3 FY26, up 15 percent year-on-year. EBITDA stood at INR 5.83 billion with margins expanding sharply to 13.8 percent, a rise of 470 basis points year on year.

Profit after tax surged 3.7 times to INR 2.9 billion compared with INR 570 million in the same quarter last year. Domestic volume growth stood at 16 percent while export volumes grew nine percent, even though overall export revenues were described as flattish due to geopolitical uncertainties.

JK Tornel reported a 21 percent rise in turnover to INR 6.16 billion from INR 5.07 billion a year earlier.

Company officials attributed the margin expansion to operating leverage, execution focus and benign raw material prices.

Singhania indicated that demand visibility for 2026–27 remains strong with particular optimism for the first half of FY27. All segments including OEM, replacement, domestic and exports are expected to see growth.

For JK Tyre, the convergence of strong domestic demand, expanded capacity, merger synergies and potential trade advantages could determine whether India re-emerges as a meaningful export base for the US and Europe.

Not as a return to the past, executives suggested, but as a fresh opportunity built on scale, efficiency and a more premium product mix.

DUNLOP has announced the launch of its BLUE RESPONSE TG, a new premium summer tyre developed for passenger cars and SUVs. Suitable for internal combustion, hybrid and electric vehicles, the tyre will be available in 99 sizes spanning 15 to 21 inches, series 40-65 with H, V and W speed ratings. Production takes place at a state-of-the-art facility in Türkiye, with European market availability scheduled for March 2026.

This launch represents a significant shift for the brand in Europe. BLUE RESPONSE TG is the first DUNLOP product developed under Sumitomo Rubber Industries (SRI) since it acquired the historic brand’s passenger car tyre rights in 2025. The tyre was engineered collaboratively by DUNLOP’s teams in Germany and Japan, drawing upon SRI’s established manufacturing and development capabilities.

The ‘TG’ designation stands for ‘Touring,’ underscoring the tyre’s ability to deliver long-distance comfort and efficiency while maintaining strong performance. A suite of new technologies ensures stability and control on both wet and dry roads. Impressive braking performance is a key feature, enhancing overall safety and driver confidence.

Central to the tyre’s capabilities is an intelligent three-zone rib design that efficiently channels water away from the contact patch. This promotes stability at higher speeds and unlocks reliable wet-weather grip during directional changes. A refined shoulder design features lateral grooves set at optimised angles. This enhances tread rigidity, reduces block deformation under load and ensures consistent force transfer when cornering and braking.

Durability is addressed through a new tread compound utilising longer, more resilient polymer chains. These resist abrasion and slow wear to extend mileage without compromising performance. To complete the package, a noise-reducing tread design links lateral grooves into continuous channels. This smooths airflow and dampens vibration, resulting in a noticeably quieter cabin environment and the composed, refined ride expected from the DUNLOP brand.

The first Sprint weekend of the 2026 Formula 1 season began in China with an intense schedule, starting with Sprint Qualifying on Friday. George Russell claimed pole position, finishing over two-tenths of a second ahead of his teammate Kimi Antonelli, with Lando Norris securing third. Russell received the Pirelli Sprint Qualifying Award from Dario Marrafuschi, Pirelli Motorsport Director. The prize includes a helmet decorated in the colours of the Chinese flag and a replica Pirelli P Zero Soft tyre, both personalised with the driver’s name and number.

Pirelli’s compound regulations shaped the qualifying format. In SQ1 and SQ2, drivers were required to use a set of medium tyres, with most completing two fast laps per segment. For the final SQ3 shootout, the top 10 switched to the soft compound. Russell’s pole time of 1:31.520 came on the red-walled P Zero Soft, less than seven-tenths slower than the 2025 sprint pole time of 1:30.849, set by Lewis Hamilton.

The F1 Academy also opened its season in Shanghai, with Alisha Palmowski setting the fastest time in Friday’s qualifying. She outpaced Alba Larsen and Emma Felbermayr ahead of the series’ two races scheduled for Saturday and Sunday.

Marrafuschi said, “During Sprint race weekends, it’s always challenging for teams to fully assess tyre behaviour as they only have one hour of free practice. During this session, the teams used one set of medium tyres and one set of soft tyres, without carrying out any significant long runs. The hards were saved for the following days, and some teams may consider using them in their strategies for Sunday's race as early as tomorrow.

“The Sprint race, which is most likely to be run on Medium tyres, will certainly provide a clearer picture. The performance difference between the two compounds used on Friday is around six tenths. Interestingly, in the first two qualifying segments, the C3 was once again able to deliver maximum performance on the second push lap after completing a cooldown lap.

“Temperatures are cooler than last year; the track is still dirty and has less grip than we will see on Sunday as the track evolves. As happened last year and as expected, some graining appeared on the front-left tyre, which is the most stressed by Shanghai’s corners, and to a lesser extent on the front-right, although the impact on overall wear remains limited. On this circuit, teams tend to prioritise protecting the front axle, shifting the balance towards the rear as much as possible.”

Nexen Tire has received a ‘Good’ overall rating for its N'Fera Sport model in the latest summer tyre test conducted by Auto Bild in March 2026. The assessment highlights the tyre's strong performance within the competitive Ultra-High-Performance segment.

Tested on a BMW 5 Series (G60) with size 245/45 R 19 tyres, the N'Fera Sport distinguished itself through exceptional braking capabilities, achieving the third-shortest stopping distance among 50 competitors in the qualification phase and demonstrating excellent safety margins on both wet and dry surfaces. The tyre further impressed with its precise steering response and reliable grip, even under challenging conditions. Its overall performance secured it the third-place position in the qualification round. Notably, the N'Fera Sport also excelled in acoustic comfort, ranking second out of 20 tyres for low noise generation.

These results underscore the model's blend of control, responsiveness and safety, making it suitable for both everyday driving and more dynamic scenarios. Nexen Tire views this recognition as a validation of its ongoing commitment to innovation, quality and the production of high-performance products designed to enhance the driving experience.

Bridgestone Corporation has unveiled its comprehensive motorsports engagement strategy for 2026, reaffirming its dedication to competitions spanning all levels, from elite international championships to grassroots events for amateur enthusiasts. This initiative will prominently feature the POTENZA brand for four-wheel racing and the BATTLAX brand for two-wheel competitions, operating under the core philosophy that tyres are essential to safeguarding life.

In the realm of premier racing, the company supplies tyres under both the Bridgestone and Firestone banners. The Bridgestone brand continues its dominant presence in Japan's premier SUPER GT series, where POTENZA-equipped teams recently secured an unprecedented fifth overall championship title in both the GT500 and GT300 categories. Simultaneously, on two wheels, BATTLAX-equipped competitors have achieved their fifth consecutive victory – and sixth overall – in the gruelling FIM Endurance World Championship, underscoring the tyre technology's reliability and performance under extreme conditions.

Complementing these achievements, the historic Firestone brand upholds its 125-year legacy as the exclusive tyre supplier for the renowned NTT INDYCAR SERIES. This partnership includes providing tyres for the legendary INDY500, ensuring the continuation of this exhilarating motorsport tradition. Through these diverse activities, the technologies honed from the racetrack directly contribute to the evolution of its consumer product lines, strengthening the Bridgestone brand and bringing new innovations to customers worldwide.

The company prioritises competitor safety and confidence by supplying tyres meticulously developed and proven on the racetrack, thereby actively nurturing the broader motorsports culture. Crucially, the high-stakes environment of racing serves as a mobile laboratory, where technological advancements forged in the pursuit of victory are transferred to enhance consumer and commercial tyres, reinforcing the brand's commitment to delivering superior value.

Hiroshi Imai, Vice President and Senior Officer, Global Motorsports Bridgestone Corporation, said, “Motorsports is the ultimate team sport. Everyone involved will come together as 'One Team’, embracing the challenge of motorsports with passion and supplying tyres we have poured our hearts and souls into. We hope to bring joy to drivers, riders, teams and all the fans who come to witness the thrill of racing. I feel as if I'm rolling along with our tyres on the track! This year, we are also sharing the voices of 10 of our teammates who work in motorsports tyre structural design, material development, production and motorsports operations. Please look forward to the efforts of our dedicated teammates who face tyres every day, and their passion through ‘Genbutsu-Genba’ to pursue the ultimate in tyre performance.”