Five Indian tyre makers in global top 30 list: ATMA
ATMA based on revenue in 2022, Apollo, MRF, JK Tyre, CEAT, and Balkrishna Industries (BKT) from India featured in the top 30 list.
As per the report, Apollo is at the 13th position and MRF at the 14th, JK Tyre at 19th, CEAT at 22nd and BKT at 27th in the top 30 list.
Michelin, Bridgestone, Goodyear, and Continental continue to occupy the top four spots, the report said.
«For quite a few years, we had only three Indian companies in the top 30.
CEAT made an entry in the coveted list a couple of years ago and now BKT also finds a pride of place,» ATMA Director General Rajiv Budhraja said in a statement.
ATMA said in the last 10 years, Apollo has moved up four places, while JK Tyre has advanced six places.
On the other hand, CEAT moved up 13 places, while off-road major BKT jumped 14 places.
MRF is ranked 3rd in Asia after Bridgestone and Yokohama in terms of the number of plants, it added.
