Top 10 Best Tyre Companies in India
“I love to drive, but I hate getting tires. They seem to be too expensive. Therefore, when I do buy tires, I want to buy the best quality tires available at the lowest prices!” If you have ever found yourself saying this, you should read this article.
Table of Contents
10 Best Tyre Companies in India
Apollo was established in 1972 and now controls almost ⅔ (62.6%) of the tire market in India. They emphasize innovation and this is what has helped them become the industry leader.
In 2019 alone, they introduced XT-7 Gold HD. This is a new bias truck tyre that is more durable and can easily support vehicles with heavy loads.
JK Tyres and Industries Limited
This Delhi-based company started in 1974. It became the market leader in the Indian truck, bus, and radial tire sectors. It is currently the only company in India to make 4 wheeler radials for any type of truck, bus, or car!
MRF Tyres Ltd
MRF is an acronym for Madras Rubber Factory. It was founded in 1946 and is currently the largest tire manufacturer in India.
MRF is also a huge multinational company. This factory uses the latest in technology and world-class facilities to make the best tires in India.
In fact, J.D.Powers-Asia Pacific 2016 ranked MRF as the best Indian tire manufacturer in terms of customer satisfaction.
It is the main company of RPG Enterprises. CEAT was founded in 1958.
It is now the leading tyre maker in India since it makes about 95,000 tires every day. CEAT dominates the Indian light truck and truck tire market segment. Its total sales as of 2015 were 575,477 lacs.
Most of its sales are export-based because 29% of its total sales come from the Middle East!
BalKrishna Industries, Ltd
Balkrishna Industries is an OEM vendor for global vehicle majors like John Deere, JCB Company, and CNH Industrial. It currently holds 6% of the total global tire market share and is a major contender in the global tire industry. Many tire ranking firms have ranked it highly in the global tire industry.
For example, it was ranked 41st in the global tire industry in 2013. Balkrishna Industries sells primarily goods, services, and tires.
TVS Srichakra, Ltd
TVS Tyres belongs to the large Indian conglomerate TVS Sundaram Iyengar and Sons Limited.
It is also among the top industry leaders in the two and three-wheeler tyres market segment. TVS was established in 1911 and currently produces more than 11 million tires each year.
This company is globally recognized as being the largest manufacturer of industrial pneumatic tires, farm and implement tires, and multipurpose tires. Currently, its gross income is 2,082 crores in Indian rupees.
Goodyear India, Limited
Goodyear India Limited is part of the larger parent company, the global major, Goodyear Tyre and Rubber Company.
The company was established in America in 1898 and its corporate office is currently in Ohio (America.) Its history is vast and stretches back for many decades.
For example, it was one of the industry leaders in the early part of the 20th century when cars were becoming popular in America and redefining American life and dream!
Goodyear made the very first detachable tire in the world for the world’s first mass-produced car, the Model-T. It makes tires for a wide variety of vehicles including automobiles, trucks, racing cars, airplanes, farm equipment, and Heavy Earth Moving Machinery.
The company has operations in six of the seven continents on Earth. Its annual sales currently top $16 billion. It made 178,233 lakh in Indian rupees in the 2015-2016 fiscal year.
Govind Rubber Inc
It is a globally recognized name in the bike tire segment. Govind Rubber currently produces a wide range of tires for all of the bicycles currently produced in India and around the world.
The now-deceased Mr. M.P. Poddar founded Govind Rubber in 1964. Back then, he had a vision of making tires that were reliable and durable for the infantile but rapidly growing Indian bicycle industry.
PTL Enterprises Ltd
It has been associated with Apollo Tyres since 1995. Its inception was in 1959. PTLls main plant is in Kerala.
PTL has been making tires since 1962. The Kerala plant is currently being leased to Apollo Tires for the long-term.
Having over 700,000 shareholders, PTL Enterprises is currently traded on the BSE and the Cochin Stock Exchange.
Falken Tyre India Pvt, Ltd
This company is partially owned by the Japanese company Sumitomo Rubber Asia, Pvt, Ltd and the Singapore-based company Stamford Tyres Corporation, Limited.
The joint venture began in Japan in 1983. The company came to America in the coming years as Falken Tyre Company. Its American headquarters were based in Falken, California.
Falken has become an international brand in the tire industry. It makes and sells Ultra-High Performance products and other lines in the light truck, commercial medium truck, and Bus radial tires markets.
Quality tyres are not hard to find
“Wow, now that I know about some of the top tire manufacturers in the world, I think I’ll contact one for price quotes. I imagine that these tires are very affordable! I like the fact that all of these companies produce high-quality tires!”