The state of gloom in the Indian Tyre industry

Just 11 players including Apollo Tyres, Birla Tyres, Ceat, Bridgestone India, Continental India, Goodyear, JK Tyres, Michelin India, MRF, TVS Srichakra, and Yokohama India- dominate the tyre industry in India account for over 90% of the total tyre production for both the domestic and international markets and export tyres worth thousands of crores to more than 100 countries like the European Union, USA, and UAE