The Indian automotive industry has been experiencing rapid growth over the past decade, and with it, the demand for high-quality tyres has also been on the rise. As a result, there are now numerous tyre companies operating in the Indian market, each offering a wide range of products to cater to the diverse needs of customers.
This article on TyreMantra highlights the top 10 tyre companies in India, including well-known brands such as MRF, CEAT, Apollo, and JK. The article provides a brief overview of each company, highlighting their strengths, key products, and market presence.
Whether you’re in the market for new tyres for your car, bike, or commercial vehicle, this article will provide valuable insights into the top tyre brands in India, helping you make an informed decision when it comes to choosing the right tyres for your needs.
If you’re looking for the largest manufacturer of tyres in the country, then it’s MRF — short for Madras Rubber Factory. What started as a balloon factory in Chennai in the mid-1940s, MRF has certainly come a long way. The brand isn’t just known in the domestic market but also internationally — with presence in 65 countries.
In India, MRF handles manufacturing at eight different plants: Goa, Ankenpally, Medak, Arkonam, Trichy, Tiruvottiyur, Kottayam, Puducherry, and Tiruchirapalli. In terms of the portfolio, MRF makes and sells tyres not just for passenger cars and motorcycles, but also for trucks and buses, farm machinery, OTR vehicles, LCV and SCV, Pickup, 3-Wheeler, etc. It’s popularly seen as a brand with a wide variety of tyres on offer. The current range comprises everything from entry-level ones to high-performance and luxury-car radials. MRF has also been commissioned to make vehicle-specific tyres in the past, and while not a lot of brands can handle that, MRF has consistently delivered.
The brand is currently number 1 in overall sales, but in the domestic car market, it’s pipped to second by Apollo. As a replacement tyre brand, it’s still ahead. Further cementing its position are the sales figures from 2018 – 19: the company recorded overall sales of Rs 15,837 crore, making an overall profit of Rs 1096.87 crore (after taxation).
If you look at the 2018 – 2019 data, Apollo has been the most solid performer in the OE segment, in addition to its supreme performance in the CV sector. It means Apollo sells the largest quantity of tyres in the country as original fitment on new vehicles in almost all categories. Headquartered in Gurgaon
Apollo Tyres came into being in 1972, and since then has consistently worked towards a numero uno position. And by the looks of it, it’s not too far behind in the race.
It has a presence in over 100 countries and has manufacturing facilities across India (Chennai, Perambra, Limbda, Kalamassery), Hungary, and the Netherlands. It also has an overseas office in Amsterdam, along with global R&D centres in India and Europe.
The company produces tyres for all kinds of vehicles, under the banners Apollo, Vredestein, Kaizen and Regal. While the latter two focus on commercial vehicles (region-specific), Apollo has a wide variety of products: two-wheelers, passenger vehicles, commercial vehicles, off-road vehicles, etc. Apollo’s range is budget-orientated but like MRF, it does offer some high-performance and luxury radials as well.
In 2018 – 19, Apollo Tyres registered sales of Rs 12,089 crore, registering a net profit of 592.1 crore.
Buy Apollo Tyres Online for All Vehicles
Bridgestone has been in the Indian market since 1996 and is thus a well-known brand. But while its range isn’t as wide as some of the others, the brand has certainly a great following in the Indian market. That’s down to the quality of tyres, and the overall brand positioning after all these years.
In the Indian market, Bridgestone sells passenger car and SUV tyres while under the Bridgestone Commercial banner, it sells tyres for trucks and buses as well. But that’s not where Bridgestone stops, it’s also looking at selling smart tyre solutions. These are going to be particularly helpful for fleet operators. Using a strain sensor, they’d be able to remotely check various aspects of the tyre: air pressure, load, and wear. Bridgestone has close to 3000 dealers spread across India and currently produces its passenger tyres at two facilities: Pithampur and Chakan. It has a presence in both the OE sector as well as the aftermarket sector.
The current range has widened to accommodate more budget options but on the whole, you get a selection of world-class value tyres at fairly decent prices.
The Indian arm of the company is now under its EMEA business unit, and it was just last year when an expansion budget of Rs 350 crore was announced. This was done to ramp up the passenger-car-tyre production to 20,000 units a day.
Unlike what its popularity might suggest, CEAT is not a brand that was born in India. But over the years, it has perfected the value segment and also its offerings. It’s a part of RPG Group, which was established in India in the year 1979. CEAT has been around since 1958 and currently offers a range of tyres for passenger vehicles, two-wheelers, SUVs and pickups, agriculture, earth-movers/construction and commercial vehicles.
Currently, the company produces more than 15 million tyres a year. CEAT has a presence globally in about 130 countries and has its headquarters in Mumbai. In India, its tyres are produced at various plants in Ambernath, Halol, Bhandup, Nagpur, Chennai, and Nashik. The company has more than 4500 dealers across the country. And it’s a fairly common brand in the OE segment.
During 2018 – 19, CEAT recorded sales of 6913.37 crores, resulting in consolidated earnings of Rs 663 crores (EBITDA; before taxation)
Goodyear Tire & Rubber Company
Goodyear might not be an Indian brand but it’s a household name now. It’s been in the country since the early 1960s and that in itself speaks a lot about the commitment it has towards the Indian market.Globally, it has a wide presence and manufacturing facilities in 21 countries. Locally, Goodyear India manufactures at two of its plants: one in Aurangabad and another in Ballabgarh.
The range includes tyres for passenger cars as well as the farm segment. Goodyear is used as both OE and replacement tyres. The product portfolio for the Indian market includes some value offerings, high-performance radials, and rugged, off-road-ready tyres. Since it’s been around for this long, Goodyear India also understands what the Indian customer wants — and delivers accordingly.
In 2018 – 19, Goodyear India made a sale of tyres worth Rs 178,941 lakh, flaps for Rs 50 lakh, and tubes that generated Rs 9486 lakh. This led to a total sale of Rs 1911.9 crores and a profit of Rs 102.07 crores (profit after taxation).
TVS Eurogrip – (TVS Tyres)
TVS Srichakra/TVS Tyres was launched in the year 1982 has rebranded its entire range in favour of the new TVS Eurogrip brand. The company currently has about 3000 dealers across India, and exports to more than 70 countries. It handles production at two manufacturing facilities in India
One in Madurai (Tamil Nadu) and the other in Rudrapur (Uttarakhand). TVS has a decent presence in both OEM and aftermarket segments in the market. The current range of products includes two- and three-wheeler tyres, farm and implement tyres, and other specialist-use tyres like industrial pneumatic, skid-steer, multi-purpose, and floatation tyres. The TVS Eurogrip specialises in motorcycle tyres and includes everything from commuter tyres to off-road and high-performance ones.
In 2018 – 19, TVS registered a net of Rs 2381 crore and a profit of Rs 103.17 crore (profit after taxation).
JK Tyre & Industries
One of the more prominent names when it comes to Indian motorsports, along with MRF, is JK Tyre. The company has a global presence (in 100 countries), both EM and aftermarket sections, and has a total of 12 manufacturing facilities around the globe. Nine of these are in India while the rest three are in Mexico.
There are three plants in Mysore, one in Banmore, one in Kankroli, another in Chennai, and three more in Haridwar. Backed by 4000 dealers and 500 individual brand shops, JK Tyre seems to be in total control – much like how its tagline suggests. And it doesn’t just cover the entire country physically but also has a presence in almost all market segments as well. JK offers passenger car tyres, motorcycle/scooter tyres, commercial tyres, farm tyres, off-road tyres, three-wheeler tyres, and also retread.
JK Tyre launched its first radial in the year 1977, quite a big feat, considering that wasn’t exactly common back then. Currently, the development is supported by the Raghupati Singhania Center of Excellence, Mysore, Karnataka. The range is mainly leant towards the value segment, but there are ones for premium cars as well. And JK also has its very own Smart Tyre that comes equipped with sensors that let you monitor the tyre’s health in real-time.
In 2018 – 19, JK Tyre posted a revenue (from operations) of Rs 7613 crore and a resultant profit of Rs 204.4 crore (after taxation).
Ralco isn’t as common a name as others here, because its parent company Ralson focussed solely on bicycle tyres until the turn of the millennium. Which is when it entered the two- and three-wheeler space under the name Ralco. Going forward in the early 2010s, the company announced its plans to enter the farm equipment and light commercial vehicle space as well.
Now, after enjoying its position as one of the most successful bicycle tyre brand and a steadily increasing annual growth, Ralco has announced to enter the heavy commercial vehicle segment as well. And that’s not all, Ralco is an original tyre supplier to a variety of EV brands as well.
Ralson has been around since 1974 and it’s safe to say they know a fair deal about making tyres. Ralco, on the other hand, might be newer but it’s been around in the space for almost 20 years. It has close to 5000 dealers and manufactures tyres at its two plants in Ludhiana, Punjab. For the new heavy commercial vehicle project, the company is setting up a new facility in Indore, Madhya Pradesh.
In 2018 – 19, Ralco’s annual turnover touched Rs 800 crore. Ralco has been fairly strong in the OE market, with popular cars like the Renault Triber and Hyundai Venue being offered with Ralco radials.
Continental Tyres (Tires)
Continental is a Germany-based tyremaker, usually present on a variety of cars in India. The company was set up in 1871 and since then has relentlessly produced high-quality tyres. In India, Continental has its plant in Modipuram. Been around for 50 years, the automotive technology company Continental (of which the tyre division is a part) announced a large investment in 2018, to increase its capacity in India.
Globally Continental Tires are available across 12 countries, with 13 plants (including India), and headquarters in three locations (Hanover, Petaling Jaya, and Fort Mill).
The Indian range of tyres from Continental includes products for hatchbacks and saloons, SUVs, and high-end cars. While Continental Tires doesn’t have a unidirectional or high-performance tyre on offer, the ContiSport is one of the revered ones.
We’ve all seen and adored Bibendum (Michelin’s mascot, the tyre man), but the brand’s products are equally lovely. The headquarters is in France, but its presence isn’t limited to one — Michelin currently serves 171 countries through 5000 of its tyre distribution and service centres. It has 69 R&D centres including one in India.
In the country, the brand sells high-quality tyres for two-wheelers, passenger vehicles, commercial vehicles, and off-road vehicles. It also manufactures tyres for trucks and buses at a production facility in Chennai, while the rest is imported. The Indian office is in Gurgaon. For passenger vehicles, the tyre range has some neat energy-efficient tyres, ride-orientated ones, special off-road-ready products for SUVs, and class-leading high-performance tyres made to satiate the enthusiast’s needs. For two-wheelers, you get road-focussed ones for motorcycles and scooters, off-road-ready tyres, and products for use on high-end motorcycles.
Q. What are the top 10 tyre companies in India?
Ans: The top 10 tyre companies in India are MRF, CEAT, Apollo, JK Tyre, Bridgestone, Goodyear, Continental, Michelin, Yokohama, and Pirelli.
Q. What types of tyres do these companies offer?
Ans: These companies offer a wide range of tyres for different types of vehicles, including cars, bikes, and commercial vehicles. They also offer tyres for different terrains and weather conditions.
Q. Which tyre company is the best?
Ans: The answer to this question depends on individual preferences and requirements. Each of these companies has its strengths, and the best tyre company for one person may not be the same for another. It’s important to consider factors like performance, durability, price, and brand reputation when choosing the right tyre for your needs.
Q. Which tyre company offers the best tyres for commercial vehicles?
Ans: JK Tyre is a popular choice for commercial vehicles, known for its durable and high-performing tyres.
Q. Are these tyre companies expensive?
Ans: The cost of tyres can vary depending on the brand, size, and type of tyre. While some of these tyre companies offer premium and high-priced tyres, they also have options that are more affordable and budget-friendly.
Q. Where can I buy tyres from these companies?
Ans: Tyremarket.com is a one-stop shop for all your tyre requirements. A vast selection of tyres from all these companies is available at the right price, only on Tyremarket.com.
61 thoughts on “Top 10 Tyre Companies In India – Best Tyre Brand 2023”
Hi there to every one, for the reason that I am
really eager of reading this blog’s post to be updated regularly.
It carries pleasant material.
The turnover figures of Apollo needs to be verified . They dont seem to be correct.
Hello Mr. Bala,
Thank you for reaching us. We just cross-checked and found that the turnover figures mentioned for Apollo Tyres are correct for the FY 2016. Here is an external source (Economictimes) for your reference: http://auto.economictimes.indiatimes.com/news/tyres/apollo-tyres-net-profit-up-12-in-fy16-high-imports-haunt-india-operations/52223811.
Stay tuned for more updates, hope your query is resolved.
The turn over is INR 117 Bn and not US $ !
Thank you, Abhijit for your feedback. You have done a great job! The changes have been made. Stay tuned!
Great job and pretty quick to upload the revised nos. Can you also publish the data about the top 10 producers of 2W and bicyle tyres ?
Mr. Bala I need your help for setting up Apollo tire factory in Egypt does your company willing to do it if so please contact me at firstname.lastname@example.org
I like Birla tyre life is amaging.
You are doing a great job by helping customers through this site and blog by making aware to vehicle owners about tyre industry n market.
Usually, it is not a regular lookout for each one on daily basis but at some point or other each one requires accurate guidance for tyre buying during replacement.
Now a days in market there are n no. Of brands n variants and it’s really a cumbersome activity to select best for your vehicle.
So thanx for such wonderful blog n site.
Thank you for your valuable comment. These words are highly motivating and we are happy to hear that our approach is in the right direction. Stay tuned for regular updates on the tyre and automotive industry.
Good Job, But keep it UPDATING.
what is the position of Ralson india limited ( ralson tyre/ralco tyre) in bicycle Tyre industry.
Turnover , Market share, culture, company etc. any information any one have. pl share
We are going to lonch in indore
What is current Market position of Apollo tyres?
What is current Market position of Apollo tyres in Financial year 17-18?
What is the position of Birla tyres in this ranking
Presently we have an inquiry for Bus and Truck Tires in Bangladesh for direct end-user. Therefore please confirm your interest on this project and see the attached photo of require tire for design pattern and get back to us positively soon.
We hope to get positive feedback soon form your end.
Ahasanullah Road No 25, Nawabbari
Dhaka, Bangladesh. Whats-App: +88 01966300166.
Dear Khwaja Shahazad,
We regret to inform you that currently, we do not export tyres. We offer bus and truck tyres pan-India.
I’m pankaj Singh managing director of krishna motors rudraprayag uttarakhand India
I would like to business with your tyres company
Thank you Sir, Please call at this number 9920039962 or give us your contact detail.
Hi Team Tyre , can I also get procurement dept email of the tyre companies in India ? I would like to supply natural rubber to them.
If you can also provide financials of each company. It will be more beneficial.
Can we get a review on the health of Birla Tyres , are they going to survive , i heard they are having a serious financial crunch and Kumar Mangalam Birla has refused to to take over , …..can you please let us know the correct situation of Birla Tyres
Birla tyres is a group of Kesoram industries ltd, having a market share of 15% in Truck Bias segment. Needs to be mentioned here
A Truck is the most efficient vehicle to carry substantial amount of goods across large distances. Trucks are the most powerful vehicles as compared to others and are mainly used for commercial and industrial purposes. Since it is mainly employed for heavy-duty work, it becomes important that its Tyres should always be in top condition. It is essential to consider several points while buying a Tyre for your Truck so that you can get the best Tires that add to the Truck’s performance.
Apollo tyres are not that good.
What is the best manufactures for Bias OTR TYRES especially 23.5-25 & 17.5-25?
And what is the approximate price?
Please send your all tyre hr email address.
You can mail your HR related queries on email@example.com
Can we get a review on the health of BKT Tyres ?
hy sirs OEM factory for Truck tires in USA ?
Can we get the Latest Revenue of all listed companies?
Ola buscaba fabrica que tenga neumaticos de excavadoras 26.5R25
Hello sir i am sell tyer
what about birla tyres ?
Buy indian brand tyres
Michlin tyres are fudu
Hi this is Sanjay.. I’m looking for Cooper STT Pro or BF Goodrich KO2 /KM3 Tire.. can any1 help me out where I can find out with shop details & contact no pls !!
Please go through the portal and order tyre online. We arrange a fitting location near you after asking your preference either you select the home delivery options.
MRF sucks… The quality of the MRF tyres are a complete disaster. Not worth it. I rather try TIMSUN.
bear sir Bharuch gujrat MRF TYRES Recruitment
My qualification:-12th & ITI compalit complete
You forgot Yokohama.. basically we have 3 good tyre companies- Yokohama, Bridgestone and Michelin… and 3 average tyre companies- MRT,CEAT and Apollo.. meanwhile Goodyear tyres are the worst.
Wat abt jk tyres
We are a main aftermarket wheel producer and distributor dedicated
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in your vehicle. Wheels require ordinary care to hold their manufacturing
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Typical street dust traps moisture that, over a length of time, can reason corrosion. Brake dust, created via way of
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Hello I am interested in purchasing heavy duty truck tyres. For the United States market. What will be your suggestion. I am planning to import two to three containers every month. And what is good tyre and with fair price. Thanks in advance for your help.
We are the Best Freight forwarder for Tyre company having very good sea freight inbound and outbound and cross country business if anything pl feel free contact.
350 Classic RE ke liye kunsa Best Rahega
We are a manufacture for BR(Butadiene Rubber) in China.
The quality of our BR got approved by famous tyre factories.
Now, we would like to start business in Indian market.
Kind contact me , if you need BR(Butadiene rubber).
Hello I am interested in purchasing sized 400-8 auto rickshaw tyres. For the egypt market. What will be your suggestion. I am planning to import two to three containers every month. And what is good tyre and with fair price. Thanks in advance for your help.
Hey.. i want to start business of selling tyres. But i have 0 knowledge of tyre. Can u guide me..? And from where i should buy tyres at lowest rates..?
Which all Tyre manufacturers make truck and large earth mover tyres in India.
Ascenso tyres are one of the best tyres for tractors
You are not right. I am assured. I can defend the position. Write to me in PM.
First let me thank you for taking readers into insight of Tyre industry. I would like to know more of investment perspective. It will be great is you update of that front. Not just balance sheet and trun over.
Can you give any feedback on speedway tyres produced in India?
very well explained the topic, I am wondering if you had explored more on point no 5, it wud be more helpful … Anyways I am loving your blog and blogs from Diwan Auto Care.
It is very informative blog. Ascenso tyres are best tyres for all type vehicles.