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Apollo. JK also plans to foray into the business on a pilot basis soon, informed Bhatia.

“Our decision to enter into the retreading business was carefully thought out,” says Sharma. “Radialisation in the commercial market is happening at a much slower pace (6-7%) than in the passenger segment (where its already 96%) and the market is also under threat from cheap imports from China. We are also expecting capacity expansion in the Bias tyre market with the revival of Modi Tyre after they have come out of the BIFR fold.

So eventually decided to strengthen our service offerings,” explains Apollo’s Sharma.

An RC&M study also reveals that tyre choice is largely based on efficiency. The average life of a tyre on Indian roads is 50,000 kms. Cost and toughness are important considerations for fleet owners. 70% of the owners change their tyres in six to eight months and another 20% in four to six months.

In such a scenario, “The best tyres are the ones that give good mileage, ie, low wear and tear, have good load carrying capacity and that don’t heat over a short span. And the best companies are those that give good after sales service and educate fleet owners about other cost saving measures,” explains Monga.