Tyre

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Annual Review

Evolution

The Indian tyre industry has undergone significant structural changes since the early 19th century when the domestic demand was majorly catered through imports and few foreign manufacturers, till the present stage which is mainly dominated by domestic players. This section explains in detail the different phases of development that domestic tyre industry had witnessed since inception and the drivers which have influenced these changes.

  • Inception phase (1920 – 1935)
  • Developmental phase (1935 – 1960)
  • Restriction phase (1961 – 1991)
  • Modernization phase (1991 onwards)

Impact Analysis

  • Replacement demand to keep tyre rolling in near term

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