Top 8 Indian Tyre Companies

The India tyre market was valued at USD 13.4 Billion in 2024. According to the IMARC Group report, the market is expected to reach USD 27.6 Billion by 2033, exhibiting a CAGR of 7.6% from 2025-2033. The market is primarily driven by the expanding automobile industry in the country. In addition, the increasing product adoption in passenger cars, buses, military vehicles, motorcycles, and trucks represents another major growth-inducing factor. Moreover, the Government of India has implemented several policies to promote the manufacturing and sale of tyres in the country. These policies have helped the tyre market to grow rapidly. Furthermore, rising disposable incomes, various technological advancements, and rapid infrastructural development across the country are some of the other factors propelling the market growth.

The top tyre companies are investing in research and development (R&D) activities to develop advanced product variants. They are also introducing new tyres to expand their product portfolio. For instance, in March 2021, Apollo Tyres launched Apterra Cross tyres for the SUV segment in India. Besides this, several leading players are also engaging in partnerships and mergers, and acquisitions (M&As) to strengthen their foothold in the market. They are also increasing their production capacity to gain a competitive edge.

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List of Top Companies Operating in the Indian Tyre Industry:

The Indian tyre market has several major players including Apollo Tyres Ltd, Bridgestone India Private Limited, CEAT Ltd, Continental Tyres, JK Tyre & Industries Ltd., MRF Tyres, The Goodyear Tire & Rubber Company, and Yokohama India Pvt Ltd. More information about these companies has been provided below.

1. Apollo Tyres Ltd

Apollo Tyres Limited manufactures and sells automotive tyres, flaps, and tubes in the Asia Pacific, the Middle East, Africa, Europe, and internationally. It provides passenger cars, multi-utility vehicles, light trucks, truck-bus, agriculture, sports utility vehicle, specialty, bicycle, industrial, off-highway, and two-wheeler tyres. The company is also involved in the production of specialty tyres, such as those used in mining, construction, and aviation. Presently, Apollo markets its products under the Apollo and Vredestein brands and has a vast distribution network in India, which includes over 5,000 dealerships and 17 offices across the country. Moreover, the company has five manufacturing units in India, one in the Netherlands and one in Hungary.

2. Bridgestone India Private Limited

Bridgestone India is the Indian arm of the world's largest tyre company, Japan's Bridgestone Corporation. Its focus areas are premium passenger car tyres, commercial vehicle tyres, and differentiated applications such as aircraft tyres and industrial solutions. Key innovation areas for Bridgestone are advanced polymer technology, run-flat tyre systems, and smart tyre monitoring solutions that provide greater safety and performance. The firm has a strong sustainability focus, highlighting carbon neutrality and circular economy strategies. Bridgestone operates in the premium and luxury vehicle segments, maintaining strategic relationships with major automobile companies.

3. CEAT Ltd

CEAT Limited is a leading tyre manufacturing company in India. It manufactures a wide range of tyres for passenger cars, motorcycles, trucks, buses, and off-road vehicles. The company is also involved in manufacturing tubes and flaps for tyres. CEAT Limited has a strong research and development team, which works toward developing innovative products and improving the quality of its existing products. The company has three research and development centers in India and one in Germany, and it has also set up a state-of-the-art testing facility in Pune to ensure that its tyres meet the highest quality standards. Moreover, CEAT has a vast distribution network, including over 4,000 dealerships and 37 offices across the country. The company also has a significant presence in international markets, with exports to over 100 countries.

4. Continental Tyres

Continental Tyres India is the Indian business of German multinational Continental AG. It is engaged in high-value passenger car and commercial vehicle tyres with a focus on safety and performance technologies. The business offers high-performance tyres, all-season tyres, and special applications with advanced German engineering standards. Continental's prime innovations include intelligent tyre technologies, ContiSense monitoring solutions, and superior compound development for improved grip and durability. Continental addresses premium automotive segments, having strategic alliances with luxury car makers and a growing presence via authorised dealerships, besides catering to the increasing demand for high-quality replacement tyres among discerning customers.

5. JK Tyre & Industries Ltd

JK Tyre & Industries Limited manufactures, markets, and distributes automotive tyres, tubes, and flaps in Mexico, India, and internationally. It offers truck, bus, light and small commercial vehicles, farm, passenger car radial, off-the-road and industrial, military, specialty, two- and three-wheeler, motorcycle, scooter, racing car tyres, and retreads. It also operates tyre care centers that provide repair, inflation pressure check, wheel alignment and balancing, rotation, and servicing of tyres. At present, JK tyres market its products and services through a network of around 600 Steel Wheels, Truck Wheels, and Retread centers and 650 brand shops. Moreover, the company also has a significant presence in international markets, with exports to over 100 countries.

6. MRF Tyres

MRF Limited is one of the leading tyre manufacturing companies in India. It produces a wide range of tyres for various applications, including passenger cars, motorcycles, trucks, buses, and off-road vehicles. The company is also involved in manufacturing conveyor belts, retreads, and advanced polyurethane products. Presently, MRF Limited has a vast distribution network in India, which includes over 2,500 dealerships and 23 offices across the country. It also has a significant presence in international markets, with exports to over 65 countries. In addition to its tyre manufacturing operations, MRF Limited is also involved in motorsports. It sponsors and participates in various motorsport events, including rallies, racing, and off-road competitions.

7. The Goodyear Tire & Rubber Company

Goodyear Tire & Rubber Company India is the Indian subsidiary of the American multinational company, dealing with premium passenger car tyres, commercial vehicle solutions, as well as specialised applications. The company's product portfolio focuses on performance tyres, all-season elements, and innovative designs that integrate advanced American technology and engineering know-how. The technological competencies of Goodyear include intelligent tyre technologies, connected mobility solutions, and cutting-edge polymer compounds, all designed to enhance performance and longevity. The company showcases leadership in sustainability via carbon reduction efforts, sustainable material sourcing, and circular economy initiatives.

8. Yokohama India Pvt Ltd

Yokohama India is the Indian presence of Japanese multinational Yokohama Rubber Company, with a focus on premium passenger car tyres and high-performance use, with a focus on cutting-edge Japanese technology. The product strategy of the company involves ultra-high performance tyres, SUV solutions, and specialized uses involving the latest compound technology and design breakthroughs. Yokohama's main innovations involve advanced silica compounds, asymmetric tread patterns, and performance-led solutions for luxury and sports cars. Sustainability efforts are given high priority through environmental management systems, green manufacturing processes, and carbon footprint reduction efforts.

Get an inside look at the Indian Tyre market with exclusive insights, including:

• CAGR projections during the 2025-2033 forecast period.
• In-depth information on the factors that will fuel the Indian tyre market growth in the next five years.
• Precise predictions regarding upcoming trends and potential changes in consumer behavior.
• Analysis of the Indian tyre industry's expansion at the regional and global level.
• A thorough review of the market's competitive landscape and detailed information on key players.
• Detailed explanations of the challenges that could impede the growth of the Indian tyre market.

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