Top 10 Tire Brands in India for 2024

Civil Engicon Team
By -
Update: December 31, 2023
In this article, you will find details about the top 10 tire brands in India, engaged in tire manufacturing for a diverse range of vehicles such as motorcycles, scooters, cars, trucks, buses as well as agricultural, industrial and earth-moving equipment. The credit of this post goes to Dainik Jagran for their research.. The article encompasses information about the market share of these companies and the specific types of tires they produce and the information given may different at the time you are reading this post.

Top 10 Tire Brands in India 2024

Top 10 Tire Brands in India: Just as feet are vital for humans and animals to move, tires play a critical role in vehicles. Hence, we can't ignore the significance of tires in the automobile industry. It's evident that the tire industry is an inseparable part of the automotive sector and is consistently contributing to India's growth. Starting at ₹30,000 crores in 2010-11, the industry has now doubled in size, reaching ₹65,000 crores by 2020-21.

Top 10 Tire Brands in India

This clearly indicates that the tire industry in our country is thriving, and the monthly sales of cars and bikes reflect Indians' enthusiasm for two-wheelers and four-wheelers. Almost every type of vehicle, distinguished by its unique features, strong performance, and utility, has gained immense popularity among people. Therefore, we're here to provide you with information about the Top 10 Tire Brands in India, ensuring you become well-acquainted with them.

List of Top 10 Tire Brands in India

The below list is given alphabetically, you can choose any brands that fulfill your desires and requirements.
  1. Apollo Tyres
  2. Bridgestone Tyre
  3. CEAT Tyre
  4. Goodyear Tyre
  5. Jk Tyre
  6. MRF Tyre
  7. Michelin Tyre
  8. Pirelli Tyres
  9. TVS Eurogrip Tyre
  10. Yokohama Tyre

Short Information About Top 10 Tire Brands in India

Here you can see some important details about the brand and their market valuation. The below list is given alphabetically, you can choose any brands that fulfill your desires and requirements.

1. Apollo Tyres

Apollo Tyres is an Indian brand that was established in 1972 in Haryana. It commands an approximate 18 percent market share in India's tire industry. In actuality, Apollo ranks as the second most favored brand in India, following MRF, and stands as the 15th largest global tire manufacturer. The company's global reach extends to over 100 countries, with seven production facilities – five in India, two in Europe – and two global R&D centers.
Apollo Tyres offers a wide array of products catering to various vehicle segments, encompassing motorcycles, scooters, cars, trucks, buses, as well as agricultural, industrial, and earthmoving vehicles. 
Roughly 69 percent of the company's total revenue is generated from its Indian operations, while 26 percent originates from Europe, and the remaining 5 percent from other nations.

2. Bridgestone Tyre

Bridgestone holds a significant position in India's tire market, despite being a Japanese company headquartered in Tokyo. Established in 1931, Bridgestone's Indian division was founded in 1996, making it a prominent contender among the top tire brands in India. The company primarily focuses on manufacturing tires for Motorcycles, Passenger Cars, and Off-Road Vehicles.
The standout feature of Bridgestone Tyres lies in its unwavering commitment to quality. The company's tires are renowned for their innovative designs, stringent quality standards, and cutting-edge technology. These tires are not only popular across various countries worldwide but also find favor among Indian consumers. With a total of 47 manufacturing plants, including two in India, Bridgestone has established a global presence. The company also boasts tire-related facilities in 29 countries around the world.

3. CEAT Tyre

CEAT Tyre stands as one of the world's most ancient tire companies, originating in Italy back in 1924. However, its Indian arm was established in 1958. CEAT Tyre isn't just favored within our nation but also enjoys strong popularity across multiple global markets. In India, it commands an approximate market share of 11 percent, firmly positioning CEAT as a leading contender among India's top tire brands.
CEAT Tyre engages in the production of tires for a wide array of vehicle types, spanning from motorcycles, scooters, and passenger cars to SUVs, trucks, buses, and tractors. 
Over the years, the demand for this brand has surged significantly in India and around the world, boasting a presence in more than 130 countries. Within India, this tire manufacturer operates six production plants, collectively churning out 15 million tires annually.

4. Goodyear Tyre

Goodyear Tyre stands out as one of the most historic tire manufacturers globally, tracing its roots back to 1898 in the United States. Operating under the full name Goodyear Tire and Rubber Company, it currently ranks as the fourth-largest tire producer worldwide. Its significance extends to the Indian market as well, where it established its Indian counterpart as Goodyear India Limited in 1961. Consequently, it secures its place among the leading Tyre Brands in India.
At present, Goodyear commands a market share of approximately 3 percent within India's tire market. It engages in the production of tires catering to diverse vehicle segments, including Passenger Cars, Performance Vehicles, and SUV 4X4. With a notable global presence, Goodyear Tyre operates in 21 countries across 48 manufacturing plants, including two facilities in India - one in Faridabad, Haryana, and the other in Aurangabad, Maharashtra.

5. Jk Tyre

JK Tyre is an Indian brand established in Delhi in 1974. It holds a prominent position not only in India but also stands among the world's largest tire manufacturers. The JK Tyre brand has a presence across 105 countries globally, with a network of over 180 international distributors. The company is renowned for its constant innovations and pioneering technologies, making it a significant player among India's top tire brands.
JK Tyre specializes mainly in producing tires for motorcycles, three-wheelers, passenger cars, commercial vehicles, off-road vehicles, trucks, and agricultural vehicles. The brand boasts 12 state-of-the-art manufacturing facilities worldwide, with nine located in India and three in Mexico. Collectively, these facilities produce approximately 35 million tires annually. The company currently leads the market in the bus and truck radial tire segment.

6. MRF Tyre

MRF Tyre, an Indian brand, was founded in 1946 in Chennai, Tamil Nadu. It operates under the name Madras Rubber Factory (MRF). The company boasts a strong presence in over 65 countries and specializes in manufacturing tires for a diverse range of vehicles including Bikes, Scooters, Cars, Trucks, Buses, LCVs, Tractors, Off-road vehicles, and even Aircraft. Its products are widely appreciated and have gained significant popularity.
In reality, MRF Tyres stands as the largest tire manufacturer in India, capturing a substantial market share of around 25 percent. The company operates eight distinct manufacturing plants across India, situated in locations like Goa, Ennore, Medak, Arakonam, Trichy, Tiruvottiyur, Kottayam, Puducherry, and Tiruchirapalli. MRF has also played a supportive role by sponsoring numerous motorsport championships over the past two decades. As a result, it has successfully secured a position within the list of Top 10 Tyre Brands in India.

7. Michelin Tyre

Michelin Tyre, a French brand, was established in 1889. It holds the esteemed title of being the world's second-largest tire manufacturer on a global scale. Michelin Tyre is widely recognized in the realm of motorsports and operates across more than 171 countries, including its presence in India, where it boasts 70 production plants. Its entry into the Indian market dates back to 1998, and it holds a notable market share of up to 3 percent domestically.
A significant production facility of Michelin Tyre is situated in Chennai. At present, the company presents an extensive array of tire offerings catering to various segments, spanning motorcycles, scooters, passenger cars, off-road vehicles, trucks, and buses. The brand has gained substantial popularity among premium vehicle owners and manufacturers with a performance-driven focus.

8. Pirelli Tyre

Pirelli, an Italian tire manufacturer, was established in 1872, with its headquarters located in Milan. Renowned globally, Pirelli Tyre is celebrated for its top-notch quality and adherence to high-end technical standards. The brand's tires have garnered significant popularity, particularly among those inclined towards performance-oriented choices. Pirelli specializes primarily in the production and sale of tires catering to performance motorcycles, passenger cars, SUVs, and trucks.
As the world's sixth-largest tire manufacturer, Pirelli Tyre efficiently operates 19 production plants and maintains a strong commercial presence in 160 countries. These regions span across Europe, North America, Asia-Pacific, and Latin America. Consequently, the brand has rightfully secured a position among the Top 10 Tyre Brands in India as well. 
Notably, India stands as an enticing market for this Italian brand, and it continues to strategically expand its operations by importing tires from its various manufacturing units located across different countries. This expansion aims to effectively meet the growing demand within the Indian market.

9. TVS Eurogrip Tyre

TVS Tyre, or TVS Eurogrip, is a new brand that belongs to TVS Srichakra Ltd and was established in 1982. This brand is part of the larger TVS Group. TVS Eurogrip makes tires for different kinds of vehicles, including those with two wheels at the front and back, working closely with original equipment manufacturers (OEMs). Notably, it doesn't just supply tires to its parent company, TVS Motors, but also provides tires to other well-known manufacturers, especially those in the two-wheeler industry.
The company specializes in a wide range of vehicles, from those with two wheels at the front and back to high-performance motorcycles. It operates modern manufacturing plants in Madurai, Tamil Nadu, and Rudrapur, Uttarakhand. TVS Eurogrip has a strong presence across six continents and in 70 countries worldwide. It currently stands as a leading exporter of tires, serving markets such as Southeast Asia, Europe, South America, the United States, and Africa.

10. Yokohama Tyre

Yokohama Tyre, a well-known Japanese tire brand, goes by the official name Yokohama Rubber Company. Impressively, it holds the esteemed position of being the eighth-largest tire manufacturer globally. Established in 1917, the company has rapidly expanded its presence worldwide, leaving a significant impact on the industry. Notably, Yokohama Tyre serves distinguished manufacturers such as Audi, Mercedes-Benz, Mitsubishi, Honda, Porsche, Suzuki, Nissan, and Toyota, providing them with high-quality and reliable tires.
In the Indian market, Yokohama Tyre made its entry in 2007, focusing on crafting and delivering tires tailored to the specific requirements of Indian road conditions. It has particularly excelled in offering top-tier tire solutions for four-wheeler vehicles, gaining recognition for its excellence. With its manufacturing plant located in Haryana, India, the brand has gained widespread popularity among consumers. Thanks to its quality and extensive reach, Yokohama Tyre has rightfully earned a deserving place among the Top 10 Tyre Brands in India.

Post a Comment


Post a Comment (0)