10 Best Tyre Companies In India – Best Tyre Brand 2023

 

10 Best Tyre Companies In India – Best Tyre Brand 2023

In this article, you will learn about the Top 10 Tyre Companies in India and also what kind of tyres they manufacture and for which vehicles.

Even in these less than ideal times that we’re facing, it’s interesting to see how big the Indian tyre industry is. Take April – December 2019, and the number of tyres manufactured was staggering 13.65 crores. Considering that a year ago during the same period, the industry churned out 14.63 crore tyres shall give you a stronger idea. The major chunk of the tyres that are produced and sold in India are for motorcycles, followed by scooters, passenger vehicles, three-wheelers, LCVs, and trucks and buses. Let’s take a look at the various tyre companies operating in the Indian market.

 

MRF Limited

If you’re looking for the largest manufacturer of tyres in the country, then it’s MRF — short for Madras Rubber Factory. What started as a balloon factory in Chennai in the mid-1940s, MRF has certainly come a long way. The brand isn’t just known in the domestic market but also internationally — with presence in 65 countries.

The brand is currently number 1 in overall sales, but in the domestic car market, it’s pipped to second by Apollo. As a replacement tyre brand, it’s still ahead. Further cementing its position are the sales figures from 2018 – 19: the company recorded overall sales of Rs 15,837 crore, making an overall profit of Rs 1096.87 crore (after taxation).

 

Buy MRF Tyres Online

Apollo Tyres

If you look at the 2018 – 2019 data, Apollo has been the most solid performer in the OE segment, in addition to its supreme performance in the CV sector. It means Apollo sells the largest quantity of tyres in the country as original fitment on new vehicles in almost all categories. Headquartered in Gurgaon

Apollo Tyres came into being in 1972, and since then has consistently worked towards a numero uno position. And by the looks of it, it’s not too far behind in the race.

It has a presence in over 100 countries and has manufacturing facilities across India (Chennai, Perambra, Limbda, Kalamassery), Hungary, and the Netherlands. It also has an overseas office in Amsterdam, along with global R&D centres in India and Europe.

In 2018 – 19, Apollo Tyres registered sales of Rs 12,089 crore, registering a net profit of 592.1 crore.

 

Buy Apollo Tyres Online for All Vehicles

 

Bridgestone

Bridgestone has been in the Indian market since 1996 and is thus a well-known brand. But while its range isn’t as wide as some of the others, the brand has certainly a great following in the Indian market. That’s down to the quality of tyres, and the overall brand positioning after all these years.

The current range has widened to accommodate more budget options but on the whole, you get a selection of world-class value tyres at fairly decent prices.

The Indian arm of the company is now under its EMEA business unit, and it was just last year when an expansion budget of Rs 350 crore was announced. This was done to ramp up the passenger-car-tyre production to 20,000 units a day.

 

Buy Bridgestone Tyres Online

 

CEAT Tyres

Unlike what its popularity might suggest, CEAT is not a brand that was born in India. But over the years, it has perfected the value segment and also its offerings. It’s a part of RPG Group, which was established in India in the year 1979. Ceat tyre Shop in Noida has been around since 1958 and currently offers a range of tyres for passenger vehicles, two-wheelers, SUVs and pickups, agriculture, earth-movers/construction and commercial vehicles. you are trying to get your hands on the best CEAT tyres, choose Nand Motors, your Authorized CEAT Dealer for the same! It is an authorised dealer, serving the nation for years!

Currently, the company produces more than 15 million tyres a year. Ceat tyre Shop in Noida has a presence globally in about 130 countries and has its headquarters in Mumbai. In India, its tyres are produced at various plants in Ambernath, Halol, Bhandup, Nagpur, Chennai, and Nashik. The company has more than 4500 dealers across the country. And it’s a fairly common brand in the OE segment.

During 2018 – 19, CEAT recorded sales of 6913.37 crores, resulting in consolidated earnings of Rs 663 crores (EBITDA; before taxation)

 

Buy CEAT Tyres Online

 

Goodyear Tire & Rubber Company

Goodyear might not be an Indian brand but it’s a household name now. It’s been in the country since the early 1960s and that in itself speaks a lot about the commitment it has towards the Indian market.Globally, it has a wide presence and manufacturing facilities in 21 countries. Locally, Goodyear India manufactures at two of its plants: one in Aurangabad and another in Ballabgarh.

The range includes tyres for passenger cars as well as the farm segment. Goodyear is used as both OE and replacement tyres. The product portfolio for the Indian market includes some value offerings, high-performance radials, and rugged, off-road-ready tyres. Since it’s been around for this long, Goodyear India also understands what the Indian customer wants — and delivers accordingly.

Buy Goodyear Tyre Online

 

TVS Eurogrip – (TVS Tyres)

 

TVS Srichakra/TVS Tyres was launched in the year 1982 has rebranded its entire range in favour of the new TVS Eurogrip brand. The company currently has about 3000 dealers across India, and exports to more than 70 countries. It handles production at two manufacturing facilities in India

One in Madurai (Tamil Nadu) and the other in Rudrapur (Uttarakhand). TVS has a decent presence in both OEM and aftermarket segments in the market. The TVS Eurogrip specialises in motorcycle tyres and includes everything from commuter tyres to off-road and high-performance ones.

In 2018 – 19, TVS registered a net of Rs 2381 crore and a profit of Rs 103.17 crore (profit after taxation).

 

Buy TVS Eurogrip Tyres Online

 

JK Tyre & Industries

One of the more prominent names when it comes to Indian motorsports, along with MRF, is JK Tyre. The company has a global presence (in 100 countries), both EM and aftermarket sections, and has a total of 12 manufacturing facilities around the globe. Nine of these are in India while the rest three are in Mexico.

There are three plants in Mysore, one in Banmore, one in Kankroli, another in Chennai, and three more in Haridwar. Backed by 4000 dealers and 500 individual brand shops, JK Tyre seems to be in total control – much like how its tagline suggests. And it doesn’t just cover the entire country physically but also has a presence in almost all market segments as well. JK offers passenger car tyres, motorcycle/scooter tyres, commercial tyres, farm tyres, off-road tyres, three-wheeler tyres, and also retread.

In 2018 – 19, JK Tyre posted a revenue (from operations) of Rs 7613 crore and a resultant profit of Rs 204.4 crore (after taxation).

 

Buy JK Tyres Online

 

Ralco Tyres

Ralco isn’t as common a name as others here, because its parent company Ralson focussed solely on bicycle tyres until the turn of the millennium. Which is when it entered the two- and three-wheeler space under the name Ralco. Going forward in the early 2010s, the company announced its plans to enter the farm equipment and light commercial vehicle space as well.

Now, after enjoying its position as one of the most successful bicycle tyre brand and a steadily increasing annual growth, Ralco has announced to enter the heavy commercial vehicle segment as well. And that’s not all, Ralco is an original tyre supplier to a variety of EV brands as well.

In 2018 – 19, Ralco’s annual turnover touched Rs 800 crore. Ralco has been fairly strong in the OE market, with popular cars like the Renault Triber and Hyundai Venue being offered with Ralco radials.

 

Buy Ralco Tyre Online

 

Continental Tyres (Tires)

Continental is a Germany-based tyremaker, usually present on a variety of cars in India. The company was set up in 1871 and since then has relentlessly produced high-quality tyres. In India, Continental has its plant in Modipuram. Been around for 50 years, the automotive technology company Continental (of which the tyre division is a part) announced a large investment in 2018, to increase its capacity in India.

Globally Continental Tires are available across 12 countries, with 13 plants (including India), and headquarters in three locations (Hanover, Petaling Jaya, and Fort Mill).

Buy Continental Tyres Online

 

Michelin

We’ve all seen and adored Bibendum (Michelin’s mascot, the tyre man), but the brand’s products are equally lovely. The headquarters is in France, but its presence isn’t limited to one — Michelin currently serves 171 countries through 5000 of its tyre distribution and service centres. It has 69 R&D centres including one in India.

In the country, the brand sells high-quality tyres for two-wheelers, passenger vehicles, commercial vehicles, and off-road vehicles. It also manufactures tyres for trucks and buses at a production facility in Chennai, while the rest is imported. TFor two-wheelers, you get road-focussed ones for motorcycles and scooters, off-road-ready tyres, and products for use on high-end motorcycles.

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