The Changing World Of CV Tyres

The way CV tyres are perceived is drasticallychanging.

- Shrinivas Dharmadhikari

Clocking an annual revenue of close to Rs.50,000 crores, and contributing three per cent to the country’s GDP, the Indian tyre industry is going through a silent revolution. The way CV tyres are perceived is drastically changing. It is influencing 39 tyre manufacturers in the fray at almost every level. A capital intensive activity that is also technology intensive, the change in perception is akin to a silent revolution. Never before has something like this touched the lives and times of some seven to eight manufacturers that account for 85 to 95 per cent of the CV tyre market. Accounting for 75 per cent of the total industry revenue, the perception of operators and users towards CV tyres is changing quite substantially. It is changing on the basis of load and running. If these two make life challenging for CV tyres when compared to two-wheeler, three-wheeler and passenger vehicle tyres, the shift to CV radials is taking place in search of superior fuel efficiency.

Rising radialisation