TVS Srichakra has entered the European market with its new range of Eurogrip two-wheeler tyres which are customised to meet the European rider’s needs. The company has been meticulously moving on its brand building and product launches in the last two years. In 2019, the company had launched its brand TVS Eurogrip with a new logo and new product range, aiming at younger, millennial and aspirational buyers.

To foray into the European market, TVS Srichakra once again has gone through a lot of studies and product testing. The newly launched range of Eurogrip Bee Connect scooter tyres will be available in a basket of 40 different sizes in the coming months in Europe. Decoding the significance of the Eurogrip Bee Connect name, Andrea Bianchi Milella, Marketing Manager of TVS Srichakra’s Italian Centre, said, “It took quite a long process to came to this to this name-Eurogrip Bee Connect. The pandemic has changed everyone’s life, so has mobility. Due to social distancing and safety, public transportation is being avoided in Europe and, two-wheelers, especially scooters, are increasingly preferred by people to connect with each other. Secondly, at TVS Srichakra, we are the forefront runner for creating ecological consciousness in the tyre industry. We did tremendous work on reducing the environmental impact and increasing the usage of renewable energies with this product. With the Eurogrip Bee Connect, we wanted to highlight that we are very conscious about sustainable mobility and which animal could be better than the bees to symbolise this fact. Bees are industrious and hardworking and, most of the time, on the move, but at the same time, they play kind of a crucial role in the wellbeing of nature and humanity itself. So, we wanted also to highlight this side of our involvement in the automotive industry.”

 The company has entered the European market when the pandemic has put a halt on everyone’s life for more than a year. However, P Madhavan, Executive Vice President - Sales & Marketing, TVS Srichakra, backs the timing to enter the European market, saying the strategic move has been taken after much deliberation. Madhavan says, “I will strongly believe in stop, pause and take a breath, and then look at the very reason where you can go from that point onwards. So we use this period to go back and understand the consumer better. We got into the research more and tried to get fresh insights on the consumer so that if there is that nugget of gold as an opportunity available, go pick that up. That was the thought right through.” 

 The Chennai-headquartered company utilised the recent slowdown period for designing, studying the market trends and the riders’ needs in greater details. The new product development went through multiple rounds of prototyping and subsequent tests in its laboratories and racetracks and roads by some independent testers in Europe. 

 Today, the homegrown company is a leading tyre company in the two-wheelers and three-wheeler and OHT tyre space, operating for more than three decades. The company rolls out around three million tyres every month out of its two manufacturing facilities located in Madurai (Tamil Nadu) and Rudrapur (Uttarakhand). 

Eurogrip Bee Connect for riding experience 

In India, two-wheelers are essentially a mode of commuting, whereas as the consumers in Europe, though in smaller numbers, is more discerning and evolved. 

According to Milella, European two-wheeler riders seek a wholesome experience and are choosy on bikes, accessories, and tyres. “European two-wheeler riders want to enjoy the riding experience, which could be any forms - long rides on highways, country roads, sporty rides, off roads or racetracks. The consumer segment in the region we are dealing with is updated and aware of the types of tyres they require for their needs. So, you need to have quite a lot of offers all across the spectrum to cater to each type of riders. I will say it’s quite interesting,” said Milella.

 Currently, the company is working on new products, which will be released in the first quarter of 2022. A knobby product for off-road purposes and a street tyre for medium and big displacement motorcycles, both in Radial and Cross Ply construction, are lined up for launch in the next few months.

TVS Srichakra has installed an entirely new line at its Madurai plant to manufacture the newly launched range. Elaborating further, V Sivaramakrishnan, Chief Technology Officer (R&D Head), said, “Tyres made for the European market require completely different compounds and materials and need to meet the REACH compliance. So, we have a completely new manufacturing plant dedicated for the European product line in Madurai, India, which includes completely new extruders, tyre building machines, and process.”

 At the start, TVS Srichakra is not looking for sales targets in the European market. The priority for the company is to establish the brand, which another mammoth task for any tyre company. TVS Srichakra has already been in Europe with its Eurogrip brand in the Agri tyre space for five years. “We are designing and developing our products as per the market needs and building our brand. We prefer to have more organic growth,” says Madhavan. 

 The company also plans to introduce some of Eurogrip Bee Connect products in India and other markets in upcoming quarters.

 Not only building a brand, but establishing the retail chain in Europe is another challenge. The retail tyre business in the region is much more organised in both online and offline segments, which give much more options to consumers. In Europe, the retail tyre business is being increasingly driven by digital space, and consumers expect solutions from doorstep delivery and fitment to other services instead of just a product. As of now, TVS Srichakra has no plans to acquire any retail chain or distributors in the replacement market in the region. Currently, the company is working with the leading distributors across all European countries- Italy, Spain, France and the Netherlands. “With our partners, we will be present at the vast majority of retailer across countries to support our customers,” said Milella. 

 TVS Srichakra’s Italian R&D centre will play a vital role in establishing the company’s base in Europe. It focuses on cutting edge technology development and bringing the knowledge and consumers specific inputs in the region. The Italian centre also brings in testing capabilities, which are available globally. The Indian R&D Centre is oriented towards designing detailing, product industrialisation, working from the arts to parts, compound and material testing. “We look into more synergy in terms of technologies getting developed at our India and Europe R&D centres,” said Sivaramakrishnan.

 The company already has a material science lab in India and mentors from Japan and Italy for the material and compound development process.

 Last fifteen months of the pandemic, TVS Srichakra designed and developed new products for the local market. It launched 11 new products for the replacement market, including eight new high-performance tyre sizes for motorcycles, two for scooters and one new tyre size for electric rickshaws. The tyre sizes were introduced under the Sportorq, Jumbo GT, Conta, Durapro and e-Durapro product series.

 In December 2020, the company also announced its planned capital expenditure of INR 10 billion to ramp up manufacturing in its Madurai and Pantnagar plants. This investment is planned to be made over three years. The investment, when fully made, will result in an increase in two and three-wheeler tyre capacity by 25-30 percent and a doubling of off-highway tyre capacity from current levels. 

 The company also worked on digitalisation heavily as it had anticipated that contactless working would be the order of the day. The digitalisation programme helped TVS Srichakra reach the retailers without having the salesman in the field. “Consumers who realised that the shared mobility was out and they pulled out the two-wheelers for service and changed the tyres and battery. So we saw a huge uptick in numbers thanks to the effort that we put in,” said Madhavan.

 Madhavan anticipates that if the COVID situation gets better and the economy comes back on track, the boost the usage of two-wheelers. “That will augur well for us, and we run into the festival season. So, this is to say, we are not fortune tellers there, but the only thing is if the entire thing gets over the next two, three weeks, and the consumers are allowed to move around that that I believe will be a stepping stone to getting a good festive season.” (TT)

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The Yokohama Rubber Co., Ltd. has been selected as the official tyre supplier for the groundbreaking FIA Extreme H World Cup, the world's first hydrogen-powered motorsport series. The company will supply its GEOLANDAR brand of tyres for the championship, which is scheduled to commence next month in Saudi Arabia. The company will also continue to supply GEOLANDAR tyres for the Extreme E off-road electric vehicle series, which holds its final event on 4–5 October in Saudi Arabia.

Central to both the Extreme H and Extreme E series is a shared mission to advance sustainability and equality. The championships serve as dynamic platforms to promote environmental awareness and demonstrate cutting-edge technologies while also enforcing a strict mandate for gender parity by requiring each team to field one male and one female driver. The Extreme H series will feature eight international teams operating the Pioneer 25, a cutting-edge hydrogen fuel cell vehicle capable of generating 550 horsepower and accelerating from 0 to 100 kmph in 4.5 seconds. The global significance of this new championship is expected to draw a worldwide television audience across multiple continents.

As the predecessor to Extreme H, the Extreme E series utilised the high-performance all-electric Odyssey 21 vehicle. All teams competing in the new hydrogen series will also participate in this final Extreme E event, marking the conclusion of the electric championship as it transitions towards a hydrogen future.

In alignment with the environmental principles of these series, Yokohama Rubber will provide a specially developed prototype tyre based on its GEOLANDAR X-AT model. This tyre has been engineered with a significantly increased ratio of sustainable materials, comprising 38 percent renewable and recycled content. It has also been fortified with enhanced durability characteristics to withstand the unique demands of heavy hydrogen-powered and electric off-road racing vehicles.

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Hankook Tire is advancing its future mobility leadership through strategic open innovation and collaborative design projects. This effort was showcased at the company’s recent Design Innovation Day 2025, held at its Pangyo Technoplex headquarters. The event serves as a platform to present new solutions integrating sustainability, innovation and design while reinforcing partnerships with global technology leaders.

A major focus was the unveiling of two key outcomes from Hankook’s ongoing Design Innovation Project. The first was ‘Sustainable Concept Tyre’, an embodiment of the company’s ESG vision. Developed using advanced 3D printing technology, it is constructed from renewable and recycled materials. Its distinctive organic design was realised in collaboration with Harvestance using specialised engineering software.

The second reveal was the WheelBot 2, a multi-directional mobility platform developed with robotics startup CALMANTECH. This advanced robotic wheel system, equipped with tri-axial spherical tyres, demonstrates new possibilities for movement. Its potential was illustrated through a live demonstration of the PathCruizer, a two-seater pod concept powered by the WheelBot technology.

Beyond product reveals, the event highlighted Hankook’s commitment to knowledge sharing, featuring a presentation on 3D printing advancements from LG Electronics. These collaborations are central to Hankook’s strategy of strengthening its technology leadership. Since 2012, the company has partnered with world-renowned design universities and technology firms, consistently earning prestigious international design awards and solidifying the premium stature of its global brand.

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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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