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Driving Innovation

OTR tyre innovation is transforming India鈥檚 mining and construction industries.

Innovation is one of the key pillars of our company.鈥�

Persevering on the path of progress since its inception in 1997, Trident has been the specialist in design, development and distribution of industrial tyres and tracks. Shyam Gyanani, Co-Founder and Executive Director, Trident International, speaks on the current state of OTR tyre manufacturing industry in India.

What are the latest innovations in the OTR tyres segment?

CW speaks to experts to understand new trends in the tyre market.

Entering an era of transformation

Off-the-road tyre manufacturers and suppliers are facing brand-new difficulties as a result of technological advancements and evolving end-user needs that are pushing the market into uncharted terrain.

Soon there will be a trend of electrification in CE

Shyam Gyanani, Co-Founder and Executive Director, Trident International, speaks on the company芒鈧劉s offerings for the mining segment, and the USPs of these products.

Electric Construction Machinery on the Rise

Electric machinery often requires less maintenance and has a longer lifespan compared to its diesel counterparts, making them a more cost-effective solution in the long run.

Sooner there will be a trend of electrification in construction equipment

Shyam Gyanani, Co-Founder and Executive Director, Trident International, speaks on the company芒鈧劉s offerings for the mining segment, and the USPs of these products

On The Roll

The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.

OTR tyre market has bright prospect

India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.

OTR tyres on the move

With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.

Radialisation is the future

BKT is the one of world's leading tyre manufacturers that is fully dedicated to off-highway tyre manufacturing.

On revival Path

In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.

Rolling ahead

The Indian off-the-road (OTR) tyre market is becoming more competitive in the global space with the presence of a mix of national and international players.

RIDING ON INFRA PUSH

Growth in the construction and material handling equipment market has pushed the prospects of small and medium range OTR tyres.

Moving Ahead

OTR tyre market is divided majorly into three segments: mining, construction and industrial equipment, agriculture vehicles and others. Mining, construction and industrial equipment such as loaders, bulldozers, tractors, forklifts, backhoe loaders, cranes, excavators, wheeled loaders, industrial trucks, skid steer loaders, etc

We are investing to further improve our product aesthetics

The KION Group recently made news when its Indian forklift truck brand, Voltas, announced joining forces with the long-established Italian brand OM in India. In this context, Sunil Gupta, CEO and Managing Director, KION India, elaborates on the company's strategies and the way ahead.

ON THE MOVE

Off-the-road (OTR) tyres are largely used in vehicles, equipment and machinery employed in agriculture, mining, construction and industrial sectors. Consequently, any changes or fluctuations in the said sectors directly influences the growth of OTR tyre market.

OTRs Rolling On

OTR tyre industry has evolved over the years because of the infrastructure development and the construction activities happening as a consequence. Off late, owing to Prime Minister?s vision of Make-in-India, the OTR tyres

A true marketing professional

Vaibhav Saraf is the in-charge of sales for passenger radial tyres (PSR) and the marketing function for consumer products of Bridstone Tyres in India. His responsibilities include raising the brand awareness of Bridgestone in the Indian market through effective brand advertising, sales promotions and enhancement of the retail channel.

Gaining Momentum

A renewed thrust on coal mining, coupled with plans to implement more projects in various infrastructure segments at a faster pace has rekindled the growth prospects of tyre industry in India. Major tyre manufacturers are busy introducing innovative products and scaling up volume to meet the expected demand in the future.

We have the widest range of solution for OTR activity

The OTR segment, which includes industrial, construction and earthmover verticals, is pegged around at Rs 2,000 crore and this segment is expected to grow further. There are some activities in the coal sector; over 30 blocks have already been auctioned. We are expecting some activities to happen in Goa and Karnataka on the mineral front.

We plan to grow with the industry

Solid tyres would present a good opportunity to grow. It was this thinking that got me into the manufacture of solid tyres, says Ramanik Patel, Proprietor, Affix Cold Tread Company, in an interview with Bhushan Mhapralkar. Excerpts of the interview.

Big potential but little growth

The tyre industry is capable of taking all challenges in its stride. However, the industry is asking for a level playing field with its counterparts in China and other countries.

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