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The commerce and industry ministry on Tuesday said it has proposed fresh guidelines for tyre makers that are committing to invest in India in new or existing projects for manufacturing tyres, imports of which are under restricted category.

Commerce ministry issues guidelines for tyre makers

The new norms on the design of tyres will come into effect from October 1, 2022. The mandatory norms will be applicable on C1, C2, and C3 category tyres, Zee Business correspondent Ambarish Pandey told Managing Editor Anil Singhvi on Wednesday.

New norms for safer tyre design to kick-in from October 1; expert picks Apollo tyres, JK Tyres for good gains

The government will soon come up with a new 5-star rating for the tyre industry.

Government to bring new star rating rules for tyre industry; rating to assess fuel economy, safety, skid prevention ability

Domestic demand for tyres is projected to grow 7-9 per cent in 2022-23 but the rise in input prices is expected to keep industry margins under pressure, according to ratings agency ICRA.

Domestic demand for tyres to grow 7-9% this fiscal: ICRA

With the increase in the price of crude oil, the current prices have reached USD 110. The tyre companies are expected to face the brunt through the component of crude derivatives, said Zee Business' analyst, Kushal Gupta.

Tyre companies' margins to be hit by increasing input costs as well as decreasing demand for vehicles

Michelin Energy XM2+ tyres: Check features, safety and performance details

First time in India! Michelin Energy XM2+ tyres are here - What's special? Check safety and performance features

Bridgestone has inaugurated a major expansion in excess of Rs. 350 crore in its&nbsp; Indore plant at Kheda, Madhya Pradesh.

Major expansion! Bridgestone gears up to produce 20,000 tyres/day by 2020

Indian tyre manufacturer JK Tyre &amp; Industries Ltd has inaugurated the first JK Retread Centre in Pokhara, Nepal.

International presence! JK Tyre’s opens first Retread Centre in this country, to open 100 centres by 2020

The tyre manufacturer says, "MICHELIN Primacy 4ST tyres respond to the customers’ need for long lasting performance with exceptional braking results from new until it is worn (down to the level of the tread wear indicator) even when tested in the most demanding wet conditions.

 French tyre manufacturer Michelin introduces PRIMACY 4 ST in India - Salient features, sizes available and testing details

Do you own any premium motorcycle? Are you one of those riders who look forward to experiencing&nbsp;advanced quality, attractive design and better performance? Here is something from JK Tyre &amp; Industries Ltd for you!&nbsp;

Premium motorcycle owner? JK Tyre launches new variant BLAZE RYDR BR43 for you

"I would say India is very unique. It is unique because it is the biggest, it is unique because of the type of motorcycles and to some extent because of the road conditions," said&nbsp;Gary Guthrie.&nbsp;

Brand awareness is one of the big challenges for Michelin in India: Pradeep Thumpy

tyres

The commerce and industry ministry on Tuesday said it has proposed fresh guidelines for tyre makers that are committing to invest in India in new or existing projects for manufacturing tyres, imports of which are under restricted category.

The new norms on the design of tyres will come into effect from October 1, 2022. The mandatory norms will be applicable on C1, C2, and C3 category tyres, Zee Business correspondent Ambarish Pandey told Managing Editor Anil Singhvi on Wednesday.

The government will soon come up with a new 5-star rating for the tyre industry.

Domestic demand for tyres is projected to grow 7-9 per cent in 2022-23 but the rise in input prices is expected to keep industry margins under pressure, according to ratings agency ICRA.

With the increase in the price of crude oil, the current prices have reached USD 110. The tyre companies are expected to face the brunt through the component of crude derivatives, said Zee Business' analyst, Kushal Gupta.

Zee Business

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Tyres News- Zee Business provides latest news on Tyres, Tyres news Today, Top News on Tyres, update on Tyres Stay updated with business news, breaking news headlines.

Tyres

Commerce ministry issues guidelines for tyre makers

New norms for safer tyre design to kick-in from October 1; expert picks Apollo tyres, JK Tyres for good gains

Government to bring new star rating rules for tyre industry; rating to assess fuel economy, safety, skid prevention ability

Domestic demand for tyres to grow 7-9% this fiscal: ICRA

Tyre companies' margins to be hit by increasing input costs as well as decreasing demand for vehicles

First time in India! Michelin Energy XM2+ tyres are here - What's special? Check safety and performance features

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