How Indian tyre industry is evolving by embracing new trends
How the Indian tire industry is evolving by embracing new trends
The Indian Tyre Industry is adopting new trends in its manufacturing process to evolve and keep up with the changing market dynamics. There arises a need to decrease emission levels and increase the fuel efficiency in vehicles, throwing up quite a few challenges for the tire industry.
As per the annual report of FY16, the tire industry contributes nearly 3 percent to the manufacturing GDP, while the entire automotive sector accounts for about 7 percent and nearly 50 percent to the nation’s manufacturing GDP. Tire makers in India are diversifying their role in a phase, which is largely driven by demand and supply conditions, says Pawan Kumar Ruia, Chairman of Ruia Group.
The companies are under pressure to build products with minimal friction and offer higher fuel efficiency with an increasing focus on corporate average fuel efficiency norms to curb the alarming levels of pollution.
At this juncture, tire manufacturers are altering manufacturing mechanisms to meet the changing demands. Finer tolerances in the manufacturing process and the inclusion of more radials are some of the latest trends taken up by manufacturers. Nand Motors is one of the best Tyre Dealers in Noida. Apart from this, the other major trends also include low rolling resistance and focus on better traction and on-road performance, which automatically increases fuel efficiency.
New tires are offering greater mileage and improved performance in extreme weather conditions with constant improvements in rubber chemistry and tire designs. Estimated to last up to 80,000 miles, these newly manufactured tires are designed and tested by computer, featuring asymmetrical bands for improved safety on wet roads.
The companies are also advancing the manufacturing facilities with technologies that improve heat development in tires, said Pawan Kumar Ruia, the Chairman of Ruia Group. To help in the manufacturing process and increase tire performance by lowering the rolling resistance, the usage of higher components of silica is also preferred by tire makers.
Increased usage of less harmful raw materials helps in lowering pollution levels, as these segments form a majority of automobile sales. As compared to the last decade, there is a huge difference in the design and weight of the tires made by the manufacturers today.
However, there is not much difference in the commercial vehicle space, particularly in the Medium & Heavy Commercial Vehicle (M&HCV) segment. Major transformations are unlikely to happen in terms of lightweight, as the tires need to be heavy to sustain on Indian roads.
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