Recording one of the highest growths across sectors, tyre exports from India jumped 50 per cent to reach a historically high figure of INR 21,178 crore in FY 2021-22, according to the data from the Ministry of Commerce, Government of India. In the previous year, tyre exports stood at just over INR 14,000 crore. 

In the last two financial years when international trade was disrupted due to the Covid pandemic, tyre exports from India have gone up by 70 per cent. 

Satish Sharma, Chairman, Automotive Tyre Manufacturers Association (ATMA), said, “The export performance bears testament to the ability of the Indian tyre industry to meet the rising expectations from India in the new geo-political scenario despite the odds of challenging times.” 

While farm/ agri and OTR/ industrial tyres have traditionally been the largest exported tyre categories from the country, truck & bus radial (TBR) tyre exports have been fast rising up the charts and have grown nearly 2.5 times in the last three years from INR 1,263 crore in FY19 to INR 3,095 crore in FY22. 

The new radial facilities set up by Indian tyre manufacturers vie with the best in the world in terms of technology helping the country notch up an impressive performance in exports, the release said, adding that India’s global standing as a reliable supplier of products has also been a
big positive. 

Sharma added, “The industry is vastly helped by the Atma Nirbhar policy of the government aimed at creating an enabling environment for growth of the industry. The curb on indiscriminate import of tyres has helped the industry increase size and scale of production and align with global supply chains.” 

Currently, Indian manufactured tyres are being exported to over 170 countries in the world including some of the most discerning markets in North America and Europe. The US continues to be the largest market for Indian tyres accounting for 19 per cent of total tyres exported from the country during the year. The top five export markets for Indian manufactured tyres in FY22 were US, Germany, Brazil, UK and France. 

The Tyre Industry has the potential of further doubling exports from India in the next 3-4 years. While supply chain disruption is a global concern affecting industries and will get streamlined in due course of time, certain roadblocks faced by the tyre industry domestically need to be addressed on priority to provide a fillip to the exports. These concerns pertain to accessing Natural Rubber (NR) the key raw material in which India is vastly deficient. For instance, tyre industry needs to adhere to pre-import conditions for NR import against (tyre) export obligation. This makes the operations very constrictive and affects export performance, the release pointed out. 

Growth in exports will benefit the entire Rubber value chain including a million tyre growers who are largely dependent on the growth of tyre industry, it added. (TT)  

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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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Nokian Tyres is expanding its US presence through a new nationwide partnership with American Tire Distributors (ATD). This agreement provides Nokian access to ATD’s vast network of over 110 distribution centres, serving roughly 80,000 customers.

The collaboration will efficiently supply tyre shops with Nokian’s complete product lineup, enabling dealers to broaden their inventory. Both companies bring 90 years of experience and a shared dedication to innovation, safety and sustainability. This partnership will offer drivers more choices, supported by Nokian’s award-winning Tennessee factory and ATD’s technology-driven logistics.

This enhanced distribution capability ensures that consumers will have greater access to a full spectrum of high-performance tyres, meeting diverse driving needs and conditions. The alliance strengthens both brands' market positions by combining premium products with an unparalleled delivery system, ultimately improving service for dealers and drivers alike across the country.

Chris Ostrander, SVP, North America, Nokian Tyres, said, “The partnership with ATD enables us to reach more tyre shops and more drivers than ever before. ATD’s robust distribution network, customer service and responsiveness strengthen our agility to serve both new and existing customers.”

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