Tyre Industries

The origin of the Indian Tyre Industry dates back to 1926 when Dunlop prophylactic Limited set up the first tyre society in West Bengal. MRF followed suit in 1946. Since then, the Indian tyre fabrication has grown rapidly. Transportation industry and tyre industry go hand in hand as the twain are interdependent. Transportation industry has experienced 10% appendage rate year after year with an absolute aim of 870 billion ton freight. With an extensive road network of 3.2 one million million km, road accounts for over 85% of all freight apparent movement in India. Market Characteristics Demand The demand for tyres can be classified ad in terms of: Type: Bus and transport; iceboat; Motorcycle; Passenger Car; Tractor Market: OEM; Replacement; Export Tyres by Type The Indian tyre industry produces the complete range of tyres infallible by the Indian automotive industry, except for aero tyres and some specialize tyres. Domestic manufacturers produce tyres for trucks, buses, passenger cars, jeeps, high spirits trucks, tractors (front, rear and trailer), wolf drawn vehicles, scooters, motorcycles, mopeds, bicycles and off-the-road vehicles and special defense vehicles.

The scenario in India stands in discerning contrast to that in the world tyre market, where car tyres (including light trucks) have the major share (88%) by volume followed by truck tyres (12%). In India, however, passenger car tyres have a mere 17% share of the overall tyre market. Truck and Bus Tyres The truck and bus tyre segment accounted for 19% of tyres produced in India. Every truck/bus manufactured generates a demand for seven tyres (six regular and one spare) as against lead in the case of two-wheelers and five for passenger cars. In addition, the scathe of a truck tyre is significantly higher than that of a passenger car tyre (roughly 10 times) or a motorcycle tyre. Thus the demand multiple emanating from the commercial vehicle segment is highest in value terms. Given... If you want to get a full essay, order it on our website: Ordercustompaper.com

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