The origin of Indian tire industry comes in picture in 1926 when Dunlop Rubber limited started in West bengal. Indian rubber industry is one of the most competitive markets in the world now. At present India has medium tire manufacturing companies and it is having good markets in global markets. Indian tire industry facing competition from China and other south east Asian countries in tire exports in other countries. Quality of Indian tires re best and it also have wider acceptance because of cheaper price and higher volume. Here we are listing top 5 tire manufacture list in India.
Madras Rubber Factory Limited (MRF) is a private-sector company started by K. M. Mammen Mappillai as a toy balloon manufacturing unit in 1946 at Tiruvottiyur, Madras In 1952. It was incorporated as a private company in November 1960 and ventured intoproduce of tyres in partnership with Mansfield Tire & Rubber company based in Ohio, USA. The company produces rubber products like tyres, treads, tubes and conveyor belts, paints and toys. MRF became the first Indian company to export tyres to USA and it also supplied tyres to Maruti 800 India’s first modern small car in 1989. It produces various tyres for passenger cars, two–wheelers, trucks, buses, tractors, light commercial vehicles and off–the–road tyres. The major produts are MRF Nylogrip for bikes, MRF ZVTs and MRF Wanderers for cars and SUVs, MRF Meteor all terrain tyres, MRF Steel Muscle for trucks and buses.
Apollo Tyres Ltd.
Apollo Tyres Ltd is the one of the leading tyre manufacturer in India. It was founded in 1976 and its first plant was located in Perambra, Thrissur, Kerala and it headquartered in Gurgaon, Haryana. It has four manufacturing units now, one in South Africa, two in Zimbabwe and 1 in Netherlands and also has a network of over 4,000 dealerships in India, of which over 2,500 are exclusive outlets. Reports says that that Apollo Tyres Ltd would buy US-based Cooper Tire & Rubber Company for about $2.5 billion in a deal and it would make it the world’s seventh-largest tyre maker.
JK Tyre & Industries Ltd.
JK Tyre & Industries Ltd is an Automotive Tyre, Tubes and flaps manufacturing company headquartered in Delhi, India. The company is the one of the market leader in Truck/Bus Radial tire in India and is the only one tyre manufacturer offering the entire range of 4 wheeler radials for Trucks, Buses and Cars. It has a strong presence in over 80 countries across all 6 continents. JK Tyre got Mexican tyre major – Tornel in 2008. JK tire has 9 plants with modern production facilities and total production capacity is almost 20 million tyres p.a.
Balkrishna Industries Ltd.
Balkrishna Industries Limited (BKT) is a leading tire manufacturing company founded in 1987 and its headquartered in Mumbai, India. Itproduces off-highway tires used in specialist segments like mining, earthmoving, agriculture and gardening. Balkrishna industries has five factories located in Aurangabad, Bhiwadi, Chopanki, Dombivali and Bhuj. It was ranked 41st among the world’s tire makers in 2013. Almost 80 percent of Balkrishna Industries’ business in the USA is in the farm market.
CEAT is taken over by RPG Enterprises, was established in 1958. CEAT is one of India’s leading tyre manufacturers and has a strong presence in global markets, and also has a capacity of over 95,000+ Tyres per day . It offers tyres to all segments and manufactures radials for Heavy-duty Trucks and Buses, Light Commercial Vehicles, Earthmovers, Forklifts, Tractors, Trailers, Cars, Motorcycles and Scooters as well as Auto-rickshaws. It is headquartered Mumbai and has a manufacturing plants in Mumbai, Nashik and Halol near Baroda. CEAT owns 6 Manufacturing plants, 10 outsourcing units for tyres, tubes and flaps and 3 dedicated 2-3-wheeler plants controlled by CEAT.