Five Indian Tyre Makers Featured in Global Top 30 List: ATMA Report

Five Indian Tyre Makers Featured in Global Top 30 List: ATMA Report

Five Indian companies have secured a prominent place among the top 30 tyre manufacturers globally, as revealed in the ‘Tire Business Magazine’s 38th Global Tire Report’ published by the Automotive Tyre Manufacturers’ Association (ATMA). The report, based on the revenue generated in 2022, highlights the impressive performance of Apollo, MRF, JK Tyre, CEAT, and Balkrishna Industries (BKT) from India. These companies have showcased their prowess and competitiveness in the global tyre manufacturing industry. This achievement reflects the growing strength and capabilities of India’s tyre industry on the global stage. The recognition gained by these Indian companies underlines their ability to meet international standards and deliver top-notch products to customers worldwide. As the Indian economy continues to grow, the country’s tyre manufacturers are poised to make further strides in the global market, attracting investment and expanding their market shares. The tire industry in India has witnessed significant growth over the years, and the presence of these five companies in the prestigious top 30 ranking validates their continuous efforts and commitment to excellence. The Indian government’s focus on promoting domestic manufacturing, along with favorable policies and initiatives, has created an enabling environment for the tyre industry to thrive. The success of these Indian companies not only contributes to the country’s economy but also enhances India’s reputation as a hub for quality tyre manufacturing. With increasing demand for tyres worldwide, Indian manufacturers are well-positioned to capitalize on the opportunities and strengthen their position in the global market. This achievement by Apollo, MRF, JK Tyre, CEAT, and Balkrishna Industries (BKT) serves as an inspiration for other companies in India’s tyre sector to strive for excellence and establish a strong global presence. The recognition garnered by these companies is a testament to the talent, innovation, and dedication of the Indian workforce.

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