Indian tyre maker TVS Srichakra Limited informed the National Stock Exchange of India on 2 June that it has entered into an agreement with wholly-owned Michelin subsidiary, Michelin India Private Limited, to produce a range of two wheeler tyres under the Michelin brand name.
Indian tyre maker TVS Srichakra has unveiled its new brand identity and logo. The company says the new ‘TVS Tyres’ logo “reinforces the clarity in purpose” for the brand while the eagle depicted beneath the tyre “highlights the features of power, manoeuvrability and the superior grip of the products.” The arrows following the name TVS Tyres, similarly, are said to convey “a perpetual forward motion.”
Regional government ministers in India met with tyre makers on 18 December to discuss rubber prices. Chief minister of the state of Kerala, Oomen Chandy has chaired a meeting which proposed a minimum guaranteed price for rubber growers – a price of around Rs 125 to 130 (£1.25 to £1.30) per kilogramme was suggested. In recent times the price paid to Indian rubber growers has dipped as low as Rs 90 per kilogramme, a price considered unsustainable.
Indian off-road tyre manufacturer TVS Srichakra has unveiled its latest TVS Eurogrip tyre at the Agritechnica show. The Tigertrac is a newly-developed range of agricultural radials suited intended for both farm and on-road use.
A fire at a plant operated by India’s TVS Srichakra Limited has killed three employees and injured five. The fire broke out at the company’s Madurai factory on 16 September. The Times of India reports that the three fatally injured workers were in the plant’s paint shop at the time.
While the prospect of a Dragon fighting a Falcon seems attractive to the PlayStation generation, 12 September’s court hearing in New Delhi ended with both creatures standing to meet another day. The P K Ruia Group can continue to sell Falcon tyres with similar tread patterns to Dragon tyres, much to the chagrin of TVS Srichakra, the manufacturer behind the Dragon.
Justice SB Sinha said that Falcon, based in Karnataka, could go ahead with its product design, despite TVS’s submission that “it was the registered owner of a particular design of tread pattern for its tyres marketed under brand ‘Dragon’ and the same was developed after spending stupendous amounts on R&D,” according to Indian news source, The Economic Times.
TVS Tyres is to invest 600 million rupees (£7.7 million) in expanding its domestic and export capacity. “Our new capacities will be ready by 31 March. We currently manufacture 7 lakh tyres a month; after the expansion, we will have capacities to manufacture 900,000 tyres per month,” S Balasubramanian, vice president, marketing, TVS Srichakra Ltd told India’s Economic Times.
(India/Rubber Asia) TVS Srichakra Ltd, has rolled out seven new tyres for the aftermarket, with a view to increasing its share in the two and three-wheeler segment from the current level of 12 per cent to 20 per cent, according to Mr S Balasubramanian, vice-president (Marketing).
Of the seven tyres, termed by the company as the “Magnificent Seven”, four are for motorcycles and mopeds while the remaining two are for autorickshaws. TVS Srichakra also plans to increase exports from 15 to 40 per cent this year, according to Mr. Balasubramanian.
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