worldwide tire industry news

  Chinese tires 'puncture' Indian industry's business, DGTR to review need for anti-dumping duty Photo:FILE New Delhi. Chinese tires are intent on puncturing the business of Indian companies. In view of this, the government is considering to continue the dumping duty on Chinese tyres. The Directorate General of Trade Remedies (DGTR), the probe arm of the commerce ministry, has initiated a review for continuation of anti-dumping duty on certain types of pneumatic radial tires imported from China. The review is being done after receiving complaints in this regard from the domestic industry. The Automobile Tire Manufacturers Association (ATMA) has lodged a complaint in this regard with the DGTR. ATMA has sought review of the applicable anti-dumping duty on new/unused pneumatic radial tyres, tubed and tubeless tires imported from China. These tires are used in buses and trucks/lorries.   Nand Motors is the leading Apollo tyre dealer in Noida . Therefore, if you're looking f...

  GOODYEAR TO SET UP 150 SHOP-IN-SHOP EXCLUSIVE RETAIL OUTLETS IN INDIA New international format stores to be introduced for the first time in India, to provide a complete brand experience Shop-in-shop format to offer much more than just tires Exclusive tie-up for the supply of car accessories to outlets Announces an investment of Rs. 30 crore for the project Standardized service quality across all outlets Initiative to strengthen the company’s presence in the replacement tire market Strong focus on organized retailing as a future growth strategy Stores will feature Goodyear blimps for the first time in India, for enhanced brand recall New Delhi, August 22, 2006. Goodyear India Limited today announced its strategic initiative in organized tire retailing, aimed at strengthening its presence in the large tire replacement market in the country. At a press conference organized in the Capital today, Mr. Antonio Capellini, Managing Director, Goodyear India Ltd., announced that the compan...

  Multibagger tyre stock gives nearly 4-fold  returns to investors in less than 3 years.  Should you buy this Diwali? Leading tyre manufacturer Apollo Tyres is a multibagger stock and has multiplied investors' wealth by nearly 4-folds in the post-pandemic era. In India, Apollo Tyres has a substantial presence in TBR (31% market share) & PCR space (21% market share). Currently, the midcap stock is near  ₹ 271 apiece on Dalal Street. However, ICICI Direct believes the stock can be bought this Muhurat trading for a target price of  ₹ 335 apiece going forward. The top Apollo Tire Dealer in Noida is Nand Motors. Therefore, if you're seeking for the top tyre dealer, this is your best choice. In order to provide our customers with 100% authentic products, we are recognised to work with premium brands like JK Tyre, MRF Tyre, Apollo Tyre, Bridgestone Tyre, Ceat Tyre, and Yokohama Tyre. Apollo Tyres is one of the largest manufacturers of tyres with operations in Indi...