Tires are ring-shaped components that surround wheels and transfer a vehicle's load to the ground while providing traction. Over 1 billion tires are manufactured annually by 455 factories worldwide. Tires come in different types suited for various conditions like summer, winter, all-season, wet weather, and off-road. The document discusses leading tire companies globally and in India and performs a SWOT analysis of the Indian tire industry, noting strengths in workforce and customers, and opportunities in globalization and growth, while threats include competition and cheaper Chinese tires.

1. TYRE INDUSTRY

2. • Tire or tyre is a ring shaped component that
surrounds a wheel’s rim to transfer a vehicle's
load from the axle through the wheel to the
ground and to provide traction on the surface
travelled over.
• 455 Tyre factories around the world
• 1 Billion tires manufactured worldwide
annually.

3. DIFFERENT TYPES OF TYRE
• Summer tyre
• Winter tyre
• All season tyre
• Wet Weather Tyres
• 4*4 tyre
• Off road tyre

4. LEADING COMPANIES IN THE WORLD

5. LEADING COMPANIES IN INDIA

7. SWOT Analysis
Strength:
• Cheap and available workforce
• Loyal customers
• Distribution channel
Weakness:
• Limited coverage area in rural market

8. Opportunities:
• Globalization
• Demand from the African countries
• Growing Four Wheeler Industry
Threats:
• Competition
• Cheaper tyres from china

9. Conclusion:
“Core competency of a tyre manufacturer is the
ability to deliver a balanced performance of
safety, durability and fuel efficiency, higher
mileage, while developing services that meet
the expectations of each customer.”