India's tyre industry thrives with strong automotive demand, top companies worth ₹1.8L crore, leading in innovation and global competitiveness.
India's tyre industry is valued at ₹65,000 Cr and is expected to grow at a CAGR of 8% through 2025.
MRF, India's largest tyre maker, is a global leader in high-performance tyres for cars, motorcycles, and commercial vehicles. (Source: NSE)
Balkrishna Industries, based in Mumbai, specializes in off-highway tyres for agriculture, construction, and industrial use, exporting to 160+ countries. (Source: NSE)
Apollo Tyres, headquartered in Gurgaon, leads in passenger and commercial tyres with strong presence in India and Europe. Brands: Apollo, Vredestein. (Source: NSE)
Ceat, based in Mumbai, is known for durable tyres for two-wheelers, cars, and trucks, focusing on sustainability and customer-centric solutions. (Source: NSE)
JK Tyre is a pioneer in radial tyre technology and has a strong global presence, with manufacturing facilities in India and Mexico. (Source-NSE)
Pix Transmissions, known for industrial belts, also excels in niche tyre manufacturing with a strong focus on innovation. (Source: NSE)
The Indian tyre industry is growing with rising vehicle sales and exports. MRF and Balkrishna Industries lead, offering strong investment opportunities. (Source: NSE)