The Automotive Tyre Manufacturers’ Association, the apex body representing automotive tyre manufacturers in the country, has announced its new leadership structure.

The apex tyre body has elected Arun Mammen, Vice Chairman & Managing Director of MRF as the new Chairman of ATMA and Hiroshi Yoshizane, MD, Bridgestone India as the new Vice-Chairman of ATMA.

The appointment comes at a crucial juncture as ATMA celebrates 2025 as its Golden Jubilee year.

Mammen hold a graduate degree from the Madras Christian College and MBA from the Ashland University, US. He became the Managing Director of MRF in 2004 and Vice Chairman and Managing Director in 2017.

He believes that the Indian tyre industry should strive to be a major global manufacturer in the next decade and he will work on policy enablers to make the industry more competitive and technologically superior for meeting the needs of developed countries.

ATMA highlighted that given the global push towards carbon emission, there is a clear need to reduce carbon footprint in manufacturing and supply chain among others. The tyre industry on its part is already investing towards regenerative and recycled raw materials, along with using clean energy and reduction in water usage in manufacturing.

Furthermore, the INROAD Project as an industry initiative is expected to further add 200,000 hectares of new rubber plantation in the next two years.

“Over the next five years, focus needs to be given to upgradation of quality and training of the stakeholders,” added Mammen.

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Himadri Speciality Chemical Ltd is positioning its tyre business as a key growth driver, backed by calibrated investment, product expansion and a long-term plan to scale operations across domestic and export markets.

The company’s re-entry into the tyre segment through the revival of Birla Tyres marks a strategic diversification beyond its core speciality chemicals and carbon materials business. In its first year of operations, the tyre division generated revenue of INR 1.87 billion, reflecting an early-stage but measured recovery.

Management has outlined an ambitious medium-term target to scale the business to around INR 30 billione in revenue over the next four years, signalling a significant ramp-up in capacity utilisation, distribution reach and product portfolio.

The investment strategy is deliberately phased. The company is prioritising product-market fit, channel expansion and brand repositioning before pursuing volume-led growth. It has already established a distribution base of 43 distributors and more than 1,000 dealers, providing a platform for scale.

“We are approaching the revival of our tyre business in a calibrated manner, focusing first on product-market fit, channel strength and brand positioning before scaling volumes,” said Anurag Choudhary, Chairman, Managing Director And Chief Executive.

At the product level, Himadri is strengthening its presence in agriculture and commercial vehicle segments, where brands such as KalaPatthar and Shaan+ are gaining traction. New launches, including AgriPlus and AgriWin tractor tyre series, are expected to support near-term growth.

Looking ahead, the company plans to expand into passenger car radial tyres, with commissioning targeted over the next 24 months. The strategy will focus on electric vehicle-specific tyres, leveraging Himadri’s expertise in carbon black chemistry to develop higher-performance products with improved durability and efficiency.

“Our objective is not merely to regain market presence, but to build a differentiated and competitive tyre business that can sustainably grow across domestic and select international markets,” Choudhary said.

Capacity expansion and production ramp-up will be aligned closely with demand visibility over the next 12–24 months. The company indicated that utilisation levels will increase progressively, supported by new product introductions across agriculture, mining and commercial vehicle segments.

Alongside manufacturing, Himadri is investing in process improvements and supply chain capabilities to ensure consistent quality as volumes scale. The broader objective is to build a differentiated tyre business rather than pursue rapid expansion at the cost of margins.

Management said the tyre division remains at an early stage but is expected to evolve into a meaningful contributor to overall growth in the coming years, complementing the company’s advanced materials and speciality chemicals portfolio.

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CEAT Limited reported a 23 percent year-on-year increase in consolidated revenue to INR 42.19 billion in the fourth quarter of the financial year ended 31 March  2026, with net profit of INR 2.44 billion and an EBITDA margin of 14.18 percent.

For the full year, the tyre maker posted consolidated revenue of INR 156.78 billion, up 18.6 percent, with net profit of INR 6.97 billion and an EBITDA margin of 13.16 percent.

CEAT Limited said the quarterly performance was supported by growth across segments, including its international business, despite geopolitical pressures.

Arnab Banerjee, Managing Director & Chief Executive, said: “FY26 has been a strong year where we delivered robust growth in top line as well as in bottom line. We crossed an important milestone of  INR 150 billion of revenue, accompanied by market share gains in replacement and OEMS. We successfully closed the CAMSO deal during the year.

“In Q4, we delivered high growth in all segments including international business, despite geopolitical tensions. Looking ahead, while there is a momentum on top line, we have short-term challenges on supply chain and costs due to steep increase raw material cost that we intent to mitigate through pricing and strong cost management. We intend to continue expanding our capacities in line with our growth plans.”

On a standalone basis, fourth-quarter revenue stood at INR 40.36 billion, up 18 percent year on year, with an EBITDA margin of 14.55 percent and net profit of INR 2.84 billion.

Kumar Subbiah, Chief Financial Officer, said: “In Q4, we improved operating margins by over 51 bps, driven by a sharper focus on operating efficiencies, scale and disciplined cost management. For the year, we delivered our highest-ever profit of INR 6.97 billion. “Our balance sheet continues to be strong and leverage ratios remain healthy to provide growth capital to the business. While gross debt has increased, we remain committed to maintaining a cautious leverage profile with adequate liquidity.

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South Korean tyre company Hankook will present its latest innovations at The Tire Cologne, taking place from 9 to 11 June 2026.

Interestingly, in addition to showcasing its wide range of tyres and, for the first time, products from the company's battery division.

At The Tire Cologne 2026, Hankook will feature two new products for the passenger and truck tyres from the winter and performance segments.

It will exhibit the Laufenn brand for passenger car tyres, including the new Laufenn S Fit 2 summer tyre. Hankook will present two studies for the first time to the general public, following a limited unveiling in 2025.

The space will include show cars and a presence for the Hankook Alphatread retread brand at the Allianz Zukunft Reifen (AZuR) stand.

To better serve the European market and reduce delivery distances, Hankook is expanding its factory in Hungary. The company is adding a production line for truck and bus tyres, as announced in late 2023. Its total investment in the project will reach EUR 540 million by 2027. Once finished, the facility is expected to produce up to 800,000 units annually.

Furthermore, the stand will also feature award-winning designs from the ‘Design Innovation Project’, which includes a 3D-printed concept tyre made from recycled and renewable materials, featuring an organic tread design. WheelBot 2, a robotic platform equipped with spherical wheels that allow for multi-directional movement, is designed for the PathCruizer mobility pod.

Claus Gommel, Head of Sales Consumer Products, Hankook Reifen Deutschland, said, “Especially in an increasingly digital world, personal interaction remains crucial. The Tire Cologne provides an opportunity for members of the international tyre industry to come together. We look forward to meeting our customers and partners in person.”

Manfred Zoni, Head of Sales Truck and Bus at Hankook in Germany, added, “With targeted investment in production, products and service offerings, we are strengthening our commercial vehicle tyre business in Germany and Europe.”

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Nokian Tyres has announced the appointment of Ville Mansikkamäki as Senior Vice President for Heavy Tyres, effective by 1 October 2026. The executive, who holds an Executive MBA and a Bachelor of Science in Engineering in Logistics, will also join the company’s management team. Based in Nokia, Finland, Mansikkamäki will report directly to President and CEO Paolo Pompei.

Mansikkamäki joins the Finnish tyre manufacturer from Ponsse Plc, a global producer of cut-to-length forest machines, where he served as Vice President for Europe. His background includes senior business leadership roles at CNH, Valtra and AGCO, bringing extensive experience in heavy equipment and logistics.

He succeeds Tron Gulbrandsen, who has been managing Nokian Heavy Tyres on an interim basis. Gulbrandsen will continue his regular duties as Senior Vice President for Passenger Car Tyres in the Nordics.

Paolo Pompei, President and CEO, Nokian Tyres, said, “I am pleased to welcome Ville Mansikkamäki to Nokian Tyres. His deep expertise in machinery industry and strong international leadership background will significantly support the continued development of our heavy tyres business. I would like to thank Tron for his leadership and valuable contribution to Nokian Heavy Tyres.

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