{"id":7245,"date":"2018-12-14T12:04:14","date_gmt":"2018-12-14T06:34:14","guid":{"rendered":"https:\/\/www.tyremarket.com\/tyremantra\/?p=7245"},"modified":"2019-05-03T09:43:30","modified_gmt":"2019-05-03T04:13:30","slug":"alliance-tyres-joint-venture-trelleborg-ab-atg-group","status":"publish","type":"post","link":"https:\/\/www.tyremarket.com\/tyremantra\/alliance-tyres-joint-venture-trelleborg-ab-atg-group\/","title":{"rendered":"Alliance Tyre Founders Form A Joint Venture With Trelleborg AB"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The founders of Alliance Tyres, Mahansaria family and Trelleborg AB have recently signed an agreement to form a joint venture (JV) in India to manufacture tyres for two-wheelers. This venture for Mahansaria family is part of a bigger strategy to foray into the fast-growing two-wheeler tyre market in India. At the moment, Trelleborg AB is focusing on the European market for the manufacturing of two-wheeler tyres. This joint venture will facilitate Trelleborg AB to grow its business globally by gaining access to additional production capacity.<\/span><\/p>\n<p style=\"text-align: center;\"><strong><a href=\"https:\/\/www.tyremarket.com\/tyremantra\/category\/news\/\" target=\"_blank\" rel=\"noopener\">READ TYRE INDUSTRY NEWS<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Mr. Yogesh Mahansaria, from Maharashtra, has commented on the development by saying that they have known Trelleborg AB for the past two decades and deeply respect their entrepreneurial and progressive business spirit. Through this joint venture, they are looking forward to providing technologically advanced products of global standards to the ever-evolving Indian two-wheeler tyre market. He further added that this joint venture will help to bring capital and foreign technology to India for manufacturing locally and to serve Indian as well as global markets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The joint venture will soon establish a production site in western India and the deliveries are expected to begin by end of the year 2020. The joint venture will be owned by both, Mahansaria family and Trelleborg in the ratio of 76:24 respectively.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Mahansaria family has more than three decades of experience in the tyre industry during which they have built two industry-leading businesses: Balkrishna Industries Limited and Alliance Tyre Group that works in the field of off-highway tyres. The Mahansaria family sold their shareholding in ATG to Yokohama Rubber Company of Japan in 2016.<\/span><\/p>\n<h2><strong>About Alliance Tyres<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Established in the year 1992, Alliance Tire Company Ltd. is a Hadera, Israel-based tire manufacturing company. It is known for producing and marketing tyres for agricultural, multi-purpose and industrial clients in Europe, North America and South America. In 2007, it was acquired by the Indian Mahansaria family who already owned the brand \u2018Alliance\u2019 and formed the Alliance Tyre Group. The Mahansaria family sold their 100% stakes of the Alliance Tyre Group to the world\u2019s ninth most valuable tyre manufacturing company, Yokohama Rubber Company in July 2016.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Alliance Tire Group has three brands namely Alliance, Primex and Galaxy.<\/span><\/p>\n<p style=\"text-align: center;\"><strong><a href=\"https:\/\/www.tyremarket.com\/tyremantra\/category\/news\/\" target=\"_blank\" rel=\"noopener\">READ TYRE INDUSTRY NEWS<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The founders of Alliance Tyres, Mahansaria family and Trelleborg AB have recently signed an agreement to form a joint venture (JV) in India to manufacture&#8230;<\/p>\n","protected":false},"author":4,"featured_media":6542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[4],"tags":[482,4447,4448,390,3845],"class_list":["post-7245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-alliance-tire-group-atg","tag-alliance-tyre-group-atg","tag-atg-tyres-india","tag-tyre-industry-news","tag-tyre-news-2018"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Alliance Tyres Founders Form A Joint Venture With Trelleborg AB<\/title>\r\n<meta name=\"description\" content=\"The founders of Alliance Tyres, Mahansaria family and Trelleborg AB have recently signed an agreement to form a joint venture (JV) in India to...\" \/>\r\n<meta name=\"robots\" content=\"index, follow, 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verma\"},\"description\":\"My need for speed began at a very early age and I realised this as soon as I got my first bicycle at the age of 8. 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As of today I\u2019m 26 years old and a proud owner of a Yamaha Fz15 version 2.0 and a Kawasaki Ninja 650 2014 model having clocked a decent 30k Kms only while touring, waiting to clock 1000s more as riding makes me feel whole again after enduring the dismal routines of life.\",\"sameAs\":[\"http:\\\/\\\/tyremarket.com\"],\"url\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/author\\\/ankit_verma\\\/\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Alliance Tyres Founders Form A Joint Venture With Trelleborg AB","description":"The founders of Alliance Tyres, Mahansaria family and Trelleborg AB have recently signed an agreement to form a joint venture (JV) in India 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When all the other kids would break downhill I would pedal harder just to go faster and enjoy the thrill. Adding to my interest for speed, I grew engrossed in the working mechanics of two wheelers thanks to my father as he is a hydraulic mechanic and would take me along with him on his repair sessions. Eventually I became familiar with the tools and basic technical concepts of two wheelers.Super sport and sport tourers are more of my liking and the sparks to these flames were ignited the first time I experienced the maddening power of a Yamaha YZF R1. I was just 14 years old at the time and got to ride as a pillion with an older acquaintance. This one short ride influenced my every decision in terms of the bikes I want to own. As of today I\u2019m 26 years old and a proud owner of a Yamaha Fz15 version 2.0 and a Kawasaki Ninja 650 2014 model having clocked a decent 30k Kms only while touring, waiting to clock 1000s more as riding makes me feel whole again after enduring the dismal routines of life.","sameAs":["http:\/\/tyremarket.com"],"url":"https:\/\/www.tyremarket.com\/tyremantra\/author\/ankit_verma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/posts\/7245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/comments?post=7245"}],"version-history":[{"count":2,"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/posts\/7245\/revisions"}],"predecessor-version":[{"id":7676,"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/posts\/7245\/revisions\/7676"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/media\/6542"}],"wp:attachment":[{"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/media?parent=7245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/categories?post=7245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tyremarket.com\/tyremantra\/wp-json\/wp\/v2\/tags?post=7245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}