SlideShare a Scribd company logo
1 of 9
Tyres Ltd



Presented By:-

BABASABPATIL
Indian Tyre Industry
• Indian Tyre Industry to Register a Growth of 9-10% in
  the Next 5 Years
• The main category of tyres produced in the country is
  that of Truck & Bus tyres.
• These tyres accounted for 57% of the total tyre tonnage
  production in FY07 followed by LCV tyres which
  accounted for 9% of the total tyre tonnage production.
• The industry tonnage production registered a 5 year
  CAGR of 9.69% between FY 02-07.
Market Players
•   MRF Tyres
•   Ceat Tyres
•   JK Tyres
•   Birla Tyres
•   Bridgestone Tyres
•   Dunlop Tyres
•   Goodyear Tyres
•   Michellin Tyres
Market Share




For Passenger Car Segment
CHANGES
Conti……
• Reduced demand in wake of global slowdown
  – Industry forced to take production cuts in Q3
  – Situation improved slightly in Q4
• Profits declining
  – Price increase taken but insufficient to counter the
    raw material cost impact
  – Production cuts resulting in relatively higher fixed
    overheads
Conti……
• Industry affected by high raw material prices
  and reduced demand
  – Replacement market under pressure due to lower
    consumer spend and liquidity crunch
• Close to Customers - wide distribution
  network for that the company had decide to
  open more dealers 4000 and above and in
  south Africa 600 and above.
Conti……
     • Special Networks : Apollo Radial World (190+)
       & Apollo Pragati Kendra (60+)
     • Strategic distribution partnership : Reliance
       Petroleum, ONGC & Tata Motors
• Announced acquisition of Vredestein Banden
  B.V., a €300+ Mn Company with
  manufacturing base in Netherlands, and
  operations all over Europe
Thank you

More Related Content

Viewers also liked (11)

Jk copy (2)
Jk   copy (2)Jk   copy (2)
Jk copy (2)
 
Indian tyre market
Indian tyre marketIndian tyre market
Indian tyre market
 
TYREPPT
TYREPPTTYREPPT
TYREPPT
 
Apollo tyres presentation
Apollo tyres presentationApollo tyres presentation
Apollo tyres presentation
 
Indian Tyre manufacturing industry
Indian Tyre manufacturing industryIndian Tyre manufacturing industry
Indian Tyre manufacturing industry
 
Ceat tyre PROJECT REPORT
Ceat tyre PROJECT REPORT Ceat tyre PROJECT REPORT
Ceat tyre PROJECT REPORT
 
Indian Tyre Industry
Indian Tyre IndustryIndian Tyre Industry
Indian Tyre Industry
 
CEAT
CEATCEAT
CEAT
 
Tyre Industry Analysis
Tyre Industry AnalysisTyre Industry Analysis
Tyre Industry Analysis
 
Manufacturing Processes - Tyre
Manufacturing Processes - TyreManufacturing Processes - Tyre
Manufacturing Processes - Tyre
 
New Product Development Report
New Product Development ReportNew Product Development Report
New Product Development Report
 

Similar to Apploa tyres ppt @ bec doms bagalkot

Case Study Analysis On Zen Tyres Final
Case Study Analysis On  Zen Tyres FinalCase Study Analysis On  Zen Tyres Final
Case Study Analysis On Zen Tyres Final
ritulakhotia
 
Market Research Report : Tire industry in india 2014 - Sample
Market Research Report : Tire industry in india 2014 - SampleMarket Research Report : Tire industry in india 2014 - Sample
Market Research Report : Tire industry in india 2014 - Sample
Netscribes, Inc.
 
Sharaf organiations study at appolo tyres
Sharaf organiations study at appolo tyresSharaf organiations study at appolo tyres
Sharaf organiations study at appolo tyres
Libu Thomas
 
M & a for tata jlr
M & a for tata jlrM & a for tata jlr
M & a for tata jlr
vihang41
 
GT Radial Marketing Plan - Expansion into the EUROPEAN Market
GT Radial Marketing Plan - Expansion into the EUROPEAN MarketGT Radial Marketing Plan - Expansion into the EUROPEAN Market
GT Radial Marketing Plan - Expansion into the EUROPEAN Market
Joseph Enrico
 

Similar to Apploa tyres ppt @ bec doms bagalkot (20)

Goodyear
GoodyearGoodyear
Goodyear
 
Lubricants
LubricantsLubricants
Lubricants
 
Pidilite
PidilitePidilite
Pidilite
 
Ford motor analysis
Ford motor analysisFord motor analysis
Ford motor analysis
 
Case Study Analysis On Zen Tyres Final
Case Study Analysis On  Zen Tyres FinalCase Study Analysis On  Zen Tyres Final
Case Study Analysis On Zen Tyres Final
 
Ratio Analysis on Lucky Cement & DG Cement
Ratio Analysis on Lucky Cement & DG CementRatio Analysis on Lucky Cement & DG Cement
Ratio Analysis on Lucky Cement & DG Cement
 
Tyre industry in india competition or collusion
Tyre industry in india competition or collusionTyre industry in india competition or collusion
Tyre industry in india competition or collusion
 
Market Research Report : Tire industry in india 2014 - Sample
Market Research Report : Tire industry in india 2014 - SampleMarket Research Report : Tire industry in india 2014 - Sample
Market Research Report : Tire industry in india 2014 - Sample
 
The big small wonder Renault and Nissan Alliance
The big small wonder Renault and Nissan AllianceThe big small wonder Renault and Nissan Alliance
The big small wonder Renault and Nissan Alliance
 
Sharaf organiations study at appolo tyres
Sharaf organiations study at appolo tyresSharaf organiations study at appolo tyres
Sharaf organiations study at appolo tyres
 
M & a for tata jlr
M & a for tata jlrM & a for tata jlr
M & a for tata jlr
 
Organised Retail in Tyres: Global Examples
Organised Retail in Tyres: Global ExamplesOrganised Retail in Tyres: Global Examples
Organised Retail in Tyres: Global Examples
 
CEAt Finance ppt
CEAt Finance pptCEAt Finance ppt
CEAt Finance ppt
 
GT Radial Marketing Plan - Expansion into the EUROPEAN Market
GT Radial Marketing Plan - Expansion into the EUROPEAN MarketGT Radial Marketing Plan - Expansion into the EUROPEAN Market
GT Radial Marketing Plan - Expansion into the EUROPEAN Market
 
Apollo tyres
Apollo tyresApollo tyres
Apollo tyres
 
Merger & acquisition of tata jaguar & land rover & demerger of hero honda
Merger & acquisition of tata jaguar & land rover & demerger of hero hondaMerger & acquisition of tata jaguar & land rover & demerger of hero honda
Merger & acquisition of tata jaguar & land rover & demerger of hero honda
 
Auto industry-analysis by rakesh
Auto industry-analysis by rakeshAuto industry-analysis by rakesh
Auto industry-analysis by rakesh
 
TATA MOTORS - SW ERA- Micro economics
TATA MOTORS - SW ERA- Micro economics TATA MOTORS - SW ERA- Micro economics
TATA MOTORS - SW ERA- Micro economics
 
eicher motors fundamental analysis
eicher motors fundamental analysiseicher motors fundamental analysis
eicher motors fundamental analysis
 
Competition ppt1
Competition ppt1Competition ppt1
Competition ppt1
 

More from Babasab Patil

Marketing management module 2 marketing environment mba 1st sem by babasab pa...
Marketing management module 2 marketing environment mba 1st sem by babasab pa...Marketing management module 2 marketing environment mba 1st sem by babasab pa...
Marketing management module 2 marketing environment mba 1st sem by babasab pa...
Babasab Patil
 
Marketing management module 4 measuring andforecasting demand mba 1st sem by...
Marketing management module 4  measuring andforecasting demand mba 1st sem by...Marketing management module 4  measuring andforecasting demand mba 1st sem by...
Marketing management module 4 measuring andforecasting demand mba 1st sem by...
Babasab Patil
 
Measuring and forecasting demand module 4 mba 1st sem by babasab patil (karri...
Measuring and forecasting demand module 4 mba 1st sem by babasab patil (karri...Measuring and forecasting demand module 4 mba 1st sem by babasab patil (karri...
Measuring and forecasting demand module 4 mba 1st sem by babasab patil (karri...
Babasab Patil
 
Notes managerial communication 3 business correspondence and report writing ...
Notes managerial communication  3 business correspondence and report writing ...Notes managerial communication  3 business correspondence and report writing ...
Notes managerial communication 3 business correspondence and report writing ...
Babasab Patil
 
Notes managerial communication mod 2 basic communication skills mba 1st sem ...
Notes managerial communication mod 2  basic communication skills mba 1st sem ...Notes managerial communication mod 2  basic communication skills mba 1st sem ...
Notes managerial communication mod 2 basic communication skills mba 1st sem ...
Babasab Patil
 
Notes managerial communication mod 4 the job application process mba 1st sem ...
Notes managerial communication mod 4 the job application process mba 1st sem ...Notes managerial communication mod 4 the job application process mba 1st sem ...
Notes managerial communication mod 4 the job application process mba 1st sem ...
Babasab Patil
 
Notes managerial communication mod 5 interviews mba 1st sem by babasab patil...
Notes managerial communication mod 5 interviews  mba 1st sem by babasab patil...Notes managerial communication mod 5 interviews  mba 1st sem by babasab patil...
Notes managerial communication mod 5 interviews mba 1st sem by babasab patil...
Babasab Patil
 
Notes managerial communication part 1 mba 1st sem by babasab patil (karrisatte)
Notes managerial communication part 1  mba 1st sem by babasab patil (karrisatte)Notes managerial communication part 1  mba 1st sem by babasab patil (karrisatte)
Notes managerial communication part 1 mba 1st sem by babasab patil (karrisatte)
Babasab Patil
 
Principles of marketing mba 1st sem by babasab patil (karrisatte)
Principles of marketing mba 1st sem by babasab patil (karrisatte)Principles of marketing mba 1st sem by babasab patil (karrisatte)
Principles of marketing mba 1st sem by babasab patil (karrisatte)
Babasab Patil
 
Marketing management module 1 important questions of marketing mba 1st sem...
Marketing management module 1  important questions of marketing   mba 1st sem...Marketing management module 1  important questions of marketing   mba 1st sem...
Marketing management module 1 important questions of marketing mba 1st sem...
Babasab Patil
 

More from Babasab Patil (20)

Segmentation module 4 mba 1st sem by babasab patil (karrisatte)
Segmentation module 4  mba 1st sem by babasab patil (karrisatte)Segmentation module 4  mba 1st sem by babasab patil (karrisatte)
Segmentation module 4 mba 1st sem by babasab patil (karrisatte)
 
Marketing management module 1 core concepts of marketing mba 1st sem by baba...
Marketing management module 1 core concepts of marketing  mba 1st sem by baba...Marketing management module 1 core concepts of marketing  mba 1st sem by baba...
Marketing management module 1 core concepts of marketing mba 1st sem by baba...
 
Marketing management module 2 marketing environment mba 1st sem by babasab pa...
Marketing management module 2 marketing environment mba 1st sem by babasab pa...Marketing management module 2 marketing environment mba 1st sem by babasab pa...
Marketing management module 2 marketing environment mba 1st sem by babasab pa...
 
Marketing management module 4 measuring andforecasting demand mba 1st sem by...
Marketing management module 4  measuring andforecasting demand mba 1st sem by...Marketing management module 4  measuring andforecasting demand mba 1st sem by...
Marketing management module 4 measuring andforecasting demand mba 1st sem by...
 
Measuring and forecasting demand module 4 mba 1st sem by babasab patil (karri...
Measuring and forecasting demand module 4 mba 1st sem by babasab patil (karri...Measuring and forecasting demand module 4 mba 1st sem by babasab patil (karri...
Measuring and forecasting demand module 4 mba 1st sem by babasab patil (karri...
 
Notes managerial communication 3 business correspondence and report writing ...
Notes managerial communication  3 business correspondence and report writing ...Notes managerial communication  3 business correspondence and report writing ...
Notes managerial communication 3 business correspondence and report writing ...
 
Notes managerial communication mod 2 basic communication skills mba 1st sem ...
Notes managerial communication mod 2  basic communication skills mba 1st sem ...Notes managerial communication mod 2  basic communication skills mba 1st sem ...
Notes managerial communication mod 2 basic communication skills mba 1st sem ...
 
Notes managerial communication mod 4 the job application process mba 1st sem ...
Notes managerial communication mod 4 the job application process mba 1st sem ...Notes managerial communication mod 4 the job application process mba 1st sem ...
Notes managerial communication mod 4 the job application process mba 1st sem ...
 
Notes managerial communication mod 5 interviews mba 1st sem by babasab patil...
Notes managerial communication mod 5 interviews  mba 1st sem by babasab patil...Notes managerial communication mod 5 interviews  mba 1st sem by babasab patil...
Notes managerial communication mod 5 interviews mba 1st sem by babasab patil...
 
Notes managerial communication part 1 mba 1st sem by babasab patil (karrisatte)
Notes managerial communication part 1  mba 1st sem by babasab patil (karrisatte)Notes managerial communication part 1  mba 1st sem by babasab patil (karrisatte)
Notes managerial communication part 1 mba 1st sem by babasab patil (karrisatte)
 
Principles of marketing mba 1st sem by babasab patil (karrisatte)
Principles of marketing mba 1st sem by babasab patil (karrisatte)Principles of marketing mba 1st sem by babasab patil (karrisatte)
Principles of marketing mba 1st sem by babasab patil (karrisatte)
 
Segmentation module 4 mba 1st sem by babasab patil (karrisatte)
Segmentation module 4  mba 1st sem by babasab patil (karrisatte)Segmentation module 4  mba 1st sem by babasab patil (karrisatte)
Segmentation module 4 mba 1st sem by babasab patil (karrisatte)
 
Marketing management module 1 important questions of marketing mba 1st sem...
Marketing management module 1  important questions of marketing   mba 1st sem...Marketing management module 1  important questions of marketing   mba 1st sem...
Marketing management module 1 important questions of marketing mba 1st sem...
 
Discovery shuttle processing NASA before launching the rocket by babasab ...
Discovery shuttle processing  NASA   before  launching the rocket by babasab ...Discovery shuttle processing  NASA   before  launching the rocket by babasab ...
Discovery shuttle processing NASA before launching the rocket by babasab ...
 
Corporate lessons from__iim__calcutta by babasab patil
Corporate lessons from__iim__calcutta by babasab patil Corporate lessons from__iim__calcutta by babasab patil
Corporate lessons from__iim__calcutta by babasab patil
 
Communication problems between men and women by babasab patil
Communication problems between men and women by babasab patil Communication problems between men and women by babasab patil
Communication problems between men and women by babasab patil
 
Brasil waterfall byy babasab patil
Brasil waterfall  byy babasab patil Brasil waterfall  byy babasab patil
Brasil waterfall byy babasab patil
 
Best aviation photography_ever__bar_none by babasab patil
Best aviation photography_ever__bar_none by babasab patil Best aviation photography_ever__bar_none by babasab patil
Best aviation photography_ever__bar_none by babasab patil
 
Attitude stone cutter
Attitude stone cutterAttitude stone cutter
Attitude stone cutter
 
Attitude stone cutter
Attitude stone cutterAttitude stone cutter
Attitude stone cutter
 

Recently uploaded

Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
amitlee9823
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
dlhescort
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
dollysharma2066
 

Recently uploaded (20)

Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 

Apploa tyres ppt @ bec doms bagalkot

  • 2. Indian Tyre Industry • Indian Tyre Industry to Register a Growth of 9-10% in the Next 5 Years • The main category of tyres produced in the country is that of Truck & Bus tyres. • These tyres accounted for 57% of the total tyre tonnage production in FY07 followed by LCV tyres which accounted for 9% of the total tyre tonnage production. • The industry tonnage production registered a 5 year CAGR of 9.69% between FY 02-07.
  • 3. Market Players • MRF Tyres • Ceat Tyres • JK Tyres • Birla Tyres • Bridgestone Tyres • Dunlop Tyres • Goodyear Tyres • Michellin Tyres
  • 6. Conti…… • Reduced demand in wake of global slowdown – Industry forced to take production cuts in Q3 – Situation improved slightly in Q4 • Profits declining – Price increase taken but insufficient to counter the raw material cost impact – Production cuts resulting in relatively higher fixed overheads
  • 7. Conti…… • Industry affected by high raw material prices and reduced demand – Replacement market under pressure due to lower consumer spend and liquidity crunch • Close to Customers - wide distribution network for that the company had decide to open more dealers 4000 and above and in south Africa 600 and above.
  • 8. Conti…… • Special Networks : Apollo Radial World (190+) & Apollo Pragati Kendra (60+) • Strategic distribution partnership : Reliance Petroleum, ONGC & Tata Motors • Announced acquisition of Vredestein Banden B.V., a €300+ Mn Company with manufacturing base in Netherlands, and operations all over Europe