Tyres & Allied Stocks

The tyres and allied sector is an important part of the automotive industry, supporting vehicle production, replacements and transportation. It includes companies that make tyres, process rubber, manufacture treads and distribute products. This sector also covers businesses dealing with tyre accessories, retreading services and raw materials like synthetic and natural rubber. India’s tyre industry has grown significantly due to increasing vehicle sales, better road infrastructure and rising exports. Demand comes from cars, trucks, two-wheelers and off-road vehicles. Government policies such as restrictions on tyre imports, incentives for local manufacturing have helped the industry expand. Major challenges include changing raw material prices, reliance on crude oil products and global competition.