Economic Prosperity, OEM Demand Driving Tyre Volumes: Arun Mammen
- By Sharad Matade & Gaurav Nandi
- March 11, 2025
MRF continues to lead the tyre industry with a strong focus on quality, innovation and customer satisfaction. With a presence in over 70 countries, MRF’s dominance spans across categories including commercial vehicles, two-wheelers, electric vehicles (EVs) and aircraft tyres. As India’s economic growth drives increased demand for commercial vehicles, MRF capitalises on this shift towards larger trucks and the expanding EV market. Additionally, the company’s technological prowess is evident in its supply of defence aircraft tyres. Despite challenges like rising rubber prices, MRF’s commitment to development and sustainable practices ensures its continued growth and global expansion.
MRF Vice Chairman and Managing Director Arun Mammen opined that India’s economic prosperity is leading to a demand for original equipment, which in turn is driving the volumes for commercial vehicle tyres upwards. Speaking to Tyre Trends on the sidelines of the Bharat Mobility Global Expo 2025, Mammen noted, “The commercial vehicle tyre segment is primarily driven by OEM demand. India’s economic performance is increasing commercial activity, leading to a higher number of trucks being sold. A notable trend in this segment is the shift towards larger trucks. This shift is primarily due to improved road infrastructure. Additionally, these trends see tyre volumes grow even in the replacement market.”

He added, “Government policies over the last 5–6 years have also played a crucial role in shaping the industry. The transition from BS4 to BS6, changes in axle load norms and various other regulatory developments have influenced tyre design and performance requirements. We have remained ahead of these changes, ensuring our products fully comply with government guidelines.”
The company theme for this year at the expo was ‘Muscle in Motion’, which highlighted MRF’s leadership, technology, innovation and sustainability.
MRF has been a leader in the tyre industry for 37 years, covering all categories. The executive noted that while competition was close in some segments, the company continued to have a leading position in tractors, trucks, light commercial vehicles, commercial vehicles and three-wheeler tyre segments. Its market leadership was further reinforced by its financial performance in FY 2023-24 with turnover of over INR 250 billion.
The company is experiencing double-digit growth, particularly in the first half of CY25, while most of the industry had struggled to achieve similar momentum. “We have consistently grown across all tyre categories including infrastructure, farm, two-wheeler and truck tyres,” revealed Mammen.
“Our ability to maintain market dominance for nearly four decades is rooted in a simple yet powerful philosophy, which is quality, customer focus and continuous innovation. We prioritise understanding customer needs and delivering better-thanexpected performance. This relentless pursuit of excellence ensures that we provide the best value for money,” said the official.
EXPANDING PORTFOLIO
A recent media report mentioned that MRF is seeing significant progress in the EV tyre segment, covering both OEM supply and the replacement market.
Exuding confidence for its EV tyre portfolio with the evolving automobile space in India, Mammen noted, “We are actively innovating in this space and a great example is our new EV tyre, recently supplied to Mahindra for its latest EV launch. This tyre incorporates a unique foam technology that significantly reduces noise, offering a quieter and more comfortable driving experience. With the growing adoption of electric vehicles, such advancements are crucial as EVs inherently produce less mechanical noise, making tyre noise reduction even more essential.”
He added, “Our tyres are fitted on several OEM vehicles including that of Maruti, Toyota, Honda and Bajaj models. The EV space will continue to grow as charging infrastructure improves, making electric mobility more convenient for consumers. While passenger vehicles and two-wheelers are currently leading the shift, we expect commercial vehicles to gradually follow suit as fleet operators gain confidence in battery technology and cost efficiency.”
Moreover, the company exclusively supplies tyres for Indian defence aircraft and helicopters with plans to expand the portfolio. Commenting on the same lines, Mammen revealed, “MRF supplies aircraft tyres to India’s defence forces including the Air Force and Navy. The majority of defence aircraft flying today are equipped with MRF tyres. The Indian Government does not import aircraft tyres unless we do not manufacture a specific type, further reinforcing our dominant position in this critical sector.”
MARKET TALK
MRF set up a new plant in Gujarat recently and ongoing expansions across multiple facilities are in process. Mammen noted that factories were continually being upgraded to meet evolving market demands. The company’s export business contributes between 10 to 12 percent in its total revenue, said Mammen.

The company currently exports to 70 countries worldwide. When asked about exploring new regions, the executive highlighted, “We are always looking for new opportunities for growth. A key example is our dominance in rally racing. We have been European champions for two years, beating multinational competitors, and in Asia Pacific, we have been rally champions for nine consecutive years. These victories highlight our engineering excellence and performance capabilities, opening doors to further expand our brand presence.”
Another trend within the Indian tyre market is Tyre-as-a-Service. Commenting on whether MRF plans to foray in the segment, he said, “Tyre-as- a-Service currently accounts for less than a single-digit percentage of the overall business. The limited adoption is due to challenging operating conditions. While some companies initially ventured into this space, many later exited due to difficulties in scaling the model. We continue to monitor this segment and will assess its potential for expansion in the future.”
TALKING ROADBLOCKS
The official identified the rising prices of rubber as one of the largest problems facing the tyre industry. Mammen explained that raw material costs account for about 70 percent of tyre production costs. As crude oil prices increase, the cost of production also rises, which is further impacted by fluctuations in the rupeedollar exchange rate.
“The price of natural rubber has remained high for a while and this is a challenge for many tyre manufacturers including us. India does not produce enough natural rubber to meet domestic demand, so we rely on imports to supplement local supply. This dependency on imports means we are exposed to fluctuations in global rubber prices, which can impact our overall cost structure,” said Mammen.
Despite the challenges, the company’s near-term research and development focus will involve both recycling raw materials and exploring green energy solutions such as energy and water recycling while also controlling wastage.
The company had made a Capex of over INR 21 billion in the previous financial year and nearly INR 7 billion in the first six months of the current financial year. These investments are directed towards areas with growth opportunities in truck, passenger and two-wheeler markets.
When asked about retail expansion, Mammen noted that there is always room for growth, both in expanding the dealer and retailer network and in online retail.
- Doublestar Tires
- Automechanika Dubai
- Middle East Aftermarket
- Desert Tyres
- Electric Vehicle Tyres
- New Energy Vehicles
- Truck And Bus Radial
- NdGold Tyres
- High-Performance Tyres
- Automotive Aftermarket
Doublestar Showcases Desert And Electric Vehicle Tyres At Automechanika Dubai
- By TT News
- December 16, 2025
Doublestar Tires recently participated in Automechanika Dubai, presenting a range of products tailored to the specific demands of the Middle Eastern automotive aftermarket.
The company highlighted steady growth in regional demand for high-performance, wear-resistant tyres, driven by high ambient temperatures, desert terrain, the popularity of sport utility vehicles, and the increasing adoption of new energy vehicles.
At the exhibition, Doublestar showcased several specialised products, including desert all-terrain tyres, tyres developed for new-energy vehicles, and its NdGold truck and bus radial range.
The W01, designed for desert all-terrain vehicles, features a distinctive shoulder pattern intended to improve driving stability and safety. According to the company, its bionic wolf-claw tread design increases grip by 15 per cent while reducing rolling resistance, supporting off-road performance in demanding conditions.
Doublestar also presented the EV97, a passenger-car radial tyre explicitly developed for new-energy vehicles. The tyre is designed to accommodate the high-torque start-up characteristics of electric cars and incorporates a high-density belt layer and a reinforced crown belt layer. Its non-porous tread design is intended to balance appearance with safety performance.
In the commercial vehicle segment, the company introduced its NdGold truck and bus radial tyres. These use an ultra-wear-resistant compound designed to extend service life in high-temperature environments and improve overall vehicle safety.
Doublestar said its focus on differentiated and cost-effective products reflects its emphasis on innovation and supports its ambitions for further growth in global tyre markets.
- Continental AG
- Tire Industry Project
- Sustainability
- Tyre Industry
- Tyre Recycling
- WBCSD
- Environmental Responsibility
- Supply Chain
- Circular Economy
Continental Re-Elected As Co-Chair Of TIP Sustainability Body Until 2029
- By TT News
- December 16, 2025
Continental has been re-elected as co-chair of the Tire Industry Project until 2029, extending its leadership role in the global tyre industry’s main sustainability forum.
The company said it would continue to contribute resources and technical expertise, particularly in tyre and road wear particles, end-of-life tyres, sustainability assessment methods and supply chain transparency.
The Tire Industry Project (TIP) brings together leading tyre manufacturers to address environmental and sustainability challenges across the sector.
The German tyre company has been involved since TIP’s founding in 2005.
“We are honoured to have been re-elected as Co-Chair. TIP fosters collaboration within the tyre industry, and beyond, with academia and other partners,” said Christian Kötz, Head of Continental Tires and a member of the executive board of Continental AG.
“Founded 20 years ago, TIP brings together the largest tyre makers to tackle complex overarching sustainability challenges – such as advancing scientific understanding of tyre wear emissions.”
“Continental takes its sustainability responsibilities seriously. This includes our active involvement in industry-wide associations. TIP is ideally suited to reinforce Continental´s ambitious sustainability agenda,” Kötz added.
Dr Larisa Kryachkova, Executive Director of the Tire Industry Project, said Continental’s re-election reflected its long-standing engagement with the initiative.
“Continental has been committed to TIP since its foundation 20 years ago,” Kryachkova said. “Its re-election as Co-Chair is a testament to Continental’s strong expertise and spirit of cooperation.”
She said Continental would work alongside Bridgestone, Goodyear and Michelin, which together will help shape TIP’s strategic direction as co-chair companies.
Operating under the auspices of the World Business Council for Sustainable Development, the Tire Industry Project focuses on sustainability across the entire tyre lifecycle, from raw material sourcing and manufacturing to use and end-of-life management.
TIP brings together 10 leading tyre companies that collectively represent more than 60 percent of global tyre production capacity.
The year 2025 marked a significant chapter for VMI Group as it celebrated 80 years of operation, highlighting a landmark achievement for the international manufacturing firm. The company, which began as a modest workshop in Gelderland, Netherlands, has evolved into a worldwide operation serving the tyre, rubber and related industries across multiple continents.
The anniversary year was structured around the theme ‘Around the World in 80 Years’, featuring a series of celebratory events at major global facilities. Activities commenced with a virtual gathering connecting the entire organisation on 1 April. This was followed by large-scale in-person events in key locations including Yantai, China; Stow, United States; Itatiaia, Brazil; Leszno, Poland; and Vadodara, India. A particular highlight was a Family Day in Epe, Netherlands, which drew participation from over 3,000 employees and their family members.
The extensive campaign served not only to highlight the company's global scale but also to honour the collective contributions of its workforce. The celebrations were framed as a tribute to the employees and their families whose efforts over eight decades have shaped the company's unique and inclusive culture.
Underpinning the anniversary recognition is the company's longstanding commitment to innovation. Throughout its history, VMI has emphasised research and development, driving its growth with a continuous pipeline of new products designed for its global customer base.
Adding to the year’s milestones, VMI also received a gold EcoVadis award in 2025. This recognition underscores its standing as a leader in sustainability and environmental responsibility within the manufacturing sector.
Harm Voortman, CEO, VMI, said, “VMI is a global business, but we are also truly local in every country where we operate. We pride ourselves on being professional, rigorous and always working to the highest standards but also welcoming, open and friendly to everyone.”
Mike Norman, Chief Commercial Officer, VMI, said, “This great milestone has been reached and VMI is already looking forward to new challenges, new achievements and more celebrations- with innovation as the key to success in the future, just as it has been for the past 80 years.”
CEAT’s Road Ahead Sustainability, Scale And A Five-Year Innovation Roadmap
- By Nilesh Wadhwa
- December 15, 2025
With a series of new product launches aimed at meeting diverse needs, CEAT aims to target new set of customers who are looking beyond just cost.
Mumbai-based RPG Group’s flagship company CEAT, one of India’s most recognisable tyre brands, is at the cusp of a transformation. From being known for durability and value-for-money tyres, the company is repositioning itself as a technology and sustainability leader – offering products that don’t just meet performance benchmarks but also embody environmental responsibility.
The company recently launched SecuraDrive CIRCL, a limited-edition road-ready tyre with up to 90 percent sustainable materials. This feat makes the company one of the few global players to have introduced sustainable tyre that is just not a concept but a ground reality.
For CEAT, the immediate priority is to educate consumers about sustainable tyres. With the launch of the SecuraDrive CIRCL, available in limited numbers (264 tyres), it is taking a deliberate step to spark conversations around eco-conscious choices.
Lakshmi Narayanan B, Chief Marketing Officer, CEAT Tyres, told Tyre Trends, “The first piece is customers becoming aware. This isn’t just a conceptual product – it absolutely matches the performance of a conventional tyre. The idea is to give consumers a clear-cut option and an opportunity to buy into the philosophy of sustainability.”
The company has introduced two variants for the CIRCL range – Circle 50 (50 percent sustainable content) and Circle 90 (90 percent sustainable content). The limited-edition approach, according to CEAT, is intentional. “We want consumers to make a conscious choice to understand the value of sustainability in a product they use daily,” he added.
The focus, then, is not only on selling a product but on creating a new mindset. As Lakshmi Narayanan B put it: “This is as much a product story as it is a brand story. We want consumers buying into it for the right reasons.”
FROM CONCEPT TO MANUFACTURING REALITY
While many companies experiment with prototypes or pilot runs, CEAT insists that its CIRCL tyres are not small-scale experiments. Instead, they are proof of manufacturing readiness at scale.
“When you can make 264 tyres using 90 percent sustainable content, you have the capability to scale it up to any number,” said Lakshmi Narayanan B, pointing to the three years of dedicated work on CIRCL within CEAT’s broader five-year innovation journey. “This is not a pilot run – it’s literally scale manufacturing. What you see today is the outcome of years of work,” shared Lakshmi Narayanan B.
The company has also leveraged its past innovations – such as run-flat tyres and CALM technology – to strengthen manufacturing processes. “Each innovation adds capability. Whether it is sourcing sustainable materials or manufacturing in a new way, we’re now confident of handling such things at scale,” he explained.
For CEAT, scale is not just about numbers but about readiness. “We have proven that sustainability and performance can co-exist. And when consumer interest builds, we are absolutely ready to scale this into mainstream adoption,” Lakshmi Narayanan B added.
EMBEDDING SUSTAINABILITY ACROSS VALUE CHAIN
The tyre major recognises that sustainability cannot be restricted to a single product line – it must cut across the entire value chain. Renji Issac, Senior Vice President – R&D and Technology, CEAT Tyres, pointed out that CIRCL is only the beginning. “All the learnings from this programme will flow into circular product development, extended producer responsibility (EPR) and end-of-life tyre management. Sustainability doesn’t stop at manufacturing – it extends to what happens after the product’s lifecycle,” said Issac.
This approach also means working closely with suppliers, including MSMEs and startups, to adopt new processes and materials. “Initially there was resistance; why should they change (suppliers)? But over time, they have seen the opportunity. Today, our entire supplier ecosystem is committing to our sustainability goals. It’s a challenge but also a transformation,” averred Lakshmi Narayanan B.
Issac added that part of CEAT’s role has been to handhold startups developing new materials, helping them scale their innovations into market-ready solutions. “Some of these materials come from startups, and it’s not just about us developing the product. We are helping them bring their products to market,” he explained.
This ecosystem development is crucial because CEAT believes that innovation is only as strong as its supply chain. “It’s not only about what we make in-house but how the entire chain contributes to sustainability,” said Lakshmi Narayanan B.
A STRUCTURED FIVE-YEAR ROADMAP
Looking ahead, CEAT is guided by a five-year roadmap that balances near-term launches with long-term capability building.
Issac explained that CEAT has developed “a very firm two-year plan on products that will hit the market. Beyond that, the next three years are about developing enabling technologies. For every product roadmap, there’s also a technology roadmap and a capability roadmap. This ensures we’re not just reacting to the market but anticipating it.”
This structured approach allows CEAT to introduce innovations faster while preparing for regulatory and consumer shifts globally.
Lakshmi Narayanan B stressed that the company wants to stay ahead of the curve. “Our intent is to be proactive, not reactive. Whether it’s a current trend or a future wave, we want to be in the right place at the right time,” he said.
The roadmap is part of CEAT’s larger R&D strategy, which has already delivered multiple first-to-market products in recent times. “Run-flat tyres, 21-inch ZR rated tyres, CALM technology and now the sustainable tyre – all of these are stepping stones in our long-term direction,” Lakshmi Narayanan B explained.
GLOBAL RELEVANCE WITH INDIAN CONSUMER FOCUS
Although CEAT operates in global markets, the company deliberately chose India as the first market for CIRCL. The rationale is clear: while European demand is often regulation-led, CEAT sees India as a consumer-driven opportunity.
“In Europe, sustainability is often about regulation. In India, we want it to be a conscious consumer choice. That’s why we launched here first – we know Indian consumers are asking these questions, especially EV owners and younger buyers. It’s an early adopter segment, but it will grow,” shared Lakshmi Narayanan B.
The CIRCL tyres will initially be available in 8–10 metros, targeting discerning consumers with compact SUVs and EVs. The company acknowledges that the products come at a premium but insists the value proposition lies in sustainability with uncompromised performance. “The promise is clear: sustainability and performance equal to any conventional tyre,” Lakshmi Narayanan B emphasised.
Looking forward, the company believes the CIRCL project positions it strongly for future regulatory shifts worldwide. “With capabilities like this, we can leapfrog in global markets when the time comes,” Lakshmi Narayanan B noted.
From CIRCL’s limited-edition launch to a broader five-year innovation pipeline, CEAT’s future focus revolves around three pillars:
1. Consumer-first sustainability – creating awareness and demand among discerning buyers, particularly EV owners.
2. Ecosystem transformation – enabling suppliers, startups and partners to align with CEAT’s sustainability vision.
3. Structured innovation roadmap – delivering near-term product launches while building long-term capabilities.
As Issac summed it up: “A sustainable tyre is also a low rolling resistance tyre. There’s no conflict between sustainability and performance. In fact, they move in the same direction.”
“It’s a long game, but we’re happy to take the first step. Future is always bright,” concluded Lakshmi Narayanan B.

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