India’s dominance in the world of tire, business is so big, China-America is also behind!

India’s tire industry will be 13 lakh crores by 2047

The new name is now going to shine on the Indian cricket team’s jersey. Instead of Dream 11, Apollo Tire has now become the official sponsor of Team India. This agreement has been done till 2027. The news is that Apollo tires will give around 4.5 crore rupees for every match, which is half crore more than the amount of previous sponsor dream 11. Meaning the company has won this time. The race for this sponsorship also consisted of canva and JK tires, but Apollo Tire achieved this big place by leaving both behind.

This deal of Apollo tires with Team India is also special because India’s tire industry is also growing rapidly. The list of top tire companies in the world includes four companies of India, which shows the strength of the country in this industry. Balakrishna Industries, Madras Rubber Factory, Apollo Tires and CIET have made their place. The special thing is that no Chinese company is in this list. This clearly suggests that India is coming in the big names of the world in making tires.

India’s tire business is very large and according to a report, domestic tire industry income is expected to increase by 12 times to Rs 13 lakh crore. India’s tire business was about 13.4 billion US dollars (about 1.11 lakh crore rupees) in 2024. Apart from this, tire exports were more than Rs 25,000 crore in FY 2025, out of which 17% was exported to the US. 50% of the tire sales in India comes from replacement demand.

Four companies from India include the top 13 tire companies in the world

According to a report by World of Statistics, India is the fourth largest market for tires after China, Europe and the United States. But in the list of companies making the top 13 tires in the world, 4 are from India. The first number is the Bridhstone Company of Japan. After this, France’s Michelin is at number two, while Germany’s Continental is at number three. Indian company Balakrishna Industries is at fourth place and MRF is at number five. Italy’s Pireli is at number six. American company Gudier is at seventh and South Korea’s Hankuk tire at number eight. India’s Apollo Tire is ranked ninth, Japan’s Toyo Tire is tenth, Finland’s Nokian Tires eleventh, India’s Seat twelfth and America’s Titan International Thirteenth.

Many reasons for increasing demand for tires in the country

The number of vehicles in the country is continuously increasing, as well as heavy investment in the development of roads, bridges and cities. Due to this, the demand for tires at the domestic level is increasing day by day. Apart from this, the increasing popularity of electric vehicles has also brought a big opportunity for the tire industry. Now people like to buy expensive and better quality tires, which is benefiting the industry.

India’s record breaking increase in exports also

From India, tires are being sent not only in the domestic market, but to more than 170 countries of the world. The demand for Indian tires is increasing rapidly in big markets like Europe, America, UK, Brazil and UAE. Both the government and the industry are taking special steps to increase exports so that this area can be strengthened.

India will become the king of the tire world

According to the report of Automotive Tires Manufacturers Association (ATMA) and PWC India, by the next 25 years i.e. 2047, India’s domestic tire industry will reach an earning of Rs 13 lakh crore. The report also said that the production of tires is going to increase four times compared to today. That is, the number of tires will be very high in the coming time.

It has also been clarified in the report that both ways to make tires and customers’ choices are changing rapidly. Now the demand for tires with sustainable and environment is increasing. Therefore, the Indian tire industry will have to update itself and adopt new technology. If this happens, India can become the king of the tire world in the coming years.