tyre industry

Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: Icra

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Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: Icra

Domestic tyre sale volumes are expected to see a moderate growth of 4-6 per cent this fiscal after witnessing an estimated pace of 6-8 per cent in the previous financial year, ratings agency Icra said on Thursday. This growth in the last fiscal was driven by factors such as elevated base and subdued growth in … Read more

Construction, PV segments to boost tyre industry: JK Tyre MD Raghupati Singhania

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Construction, PV segments to boost tyre industry: JK Tyre MD Raghupati Singhania

Mumbai: Strong growth in the construction equipment and mining segments will be “a shot in the arm” for the tyre industry, in addition to continuing firm demand in the passenger vehicle market, JK Tyre & Industries chairman and managing director Raghupati Raj Singhania said. All the three segments — construction and mining where the vehicles … Read more