Page 16 - RB-66-13-3

INDIA
The TVS Michelin agreement may see more of these centres springing up in India
Michelin designs, manufactures and sells tyres for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks and motorcycles.
Sharing his thoughts on the
Two/Three wheelers, tyres, vehicle finance, Retreading and tyre solutions etc
Coimbatore and Salem are important transport hubs in Tamil Nadu. The locations of these retreading facilities were chosen based on proximity to a
US Anti Piracy Laws May
Assist Indian Rubber Products Sector to Export
In an unusual twist of consequences the tightening of the Unfair Competition Act (UCA) in the US, which stops US importers from buying products manufactured using pirated software or hardware, might be a boon for Indian rubber product exporters, as software piracy in India is low compared to its rivals like China and Indonesia.
goods exports, has been one of the most important traditional export markets for India. Exports to the US are growing at five per cent a year. However, the lndian rubber industry is facing tough competition from countries like China, which has 16.8 per cent share in rubber articles imported into the US, followed by Canada (11.7 per cent) and Indonesia (9.5 per
collaboration, V N Ramamoorthy, Chief Executive Officer, TVS Tread said, “Being the pioneer for retreading in the country it has always been our endeavour to offer cost effective solutions to our customers. TVS Tread has been serving fleet operators for over 7 decades, being the single largest retread solutions provider in the country for the entire range and sizes of tyres since 1943. With the current synergy with Michelin, who are world No. 1 in radial tyres and retreading solutions, TVS Tread will be able to offer quality retread solutions to the growing number of commercial vehicle customers in Tamil Nadu”. Established over 100 years ago, TVS Group is a leading manufacturer and supplier of automotive components, sales and service of passenger and commercial vehicles, manufacturing of
Who are TVS?
TVS Tread and TVS Automobile Solutions are both subsidiary members companies in the TVS Group. The TVS Group claims to be India’s leading supplier of automotive components and one of the country’s most respected business groups.
With a combined turnover of more than over $ 6.5 Billion , the TVS Group employs a total workforce of over 39,000 employees . Charting a steady growth path of expansion and diversification, it is currently comprised of over 50 companies. These operate in diverse fields that range from two-wheeler and automotive component manufacturing to automotive dealerships, finance and electronics.
16 Retreading Business
large number of existing and potential users. The addition of new retread facilities at these key locations will provide a comprehensive solution from proper recommendation of tyres to purchase of new tyres to all services including mobile services through to retreading.
With the launch of the two new retread facilities, Michelin has strengthened its product and service portfolio as high quality retreading and repair solutions will be offered through these centres. Furthermore, this will provide opportunities for all customers to extract maximum value from world-class Michelin radial tyres which are known for their casing strength.
Uniting these multiple businesses is a common ethos of quality, customer service and social responsibility. Group companies include JVs with global players such as Delphi, Bridgestone, Lucas and many others. Production and services cover all aspects of the automotive trade from light bulbs to interior trim and from tyres through brakes to fasteners. The company is also involved in transport and logistics, motorcycle manufacture and has interests in North America and Europe.
The parent company of the Group is TV Sundram Iyengar & Sons Limited.
Rubber Board Chairman Sheela Thomas said rubber product exporters should be careful about the US anti-piracy law. If a rubber product manufacturer uses any pirated software or hardware, and sells the products to a US company, the company could be held responsible for possible damages.
This law has resulted in an obvious shift in preferences of US buyers, who are now looking at information technology (IT) rules-compliant firms for purchases. The propensity for the US legal system to tie up businesses in litigation, not to mention the costs involved, means that US traders are less inclined to deal with suppliers who may put them at risk.This trend will benefit India, Thomas said.
The US, which accounts for 12 per cent of India's total rubber
cent) against 1.2 per cent of India.
While China has gained market share due to its low-cost offerings, other countries like Canada and Mexico have benefited from the North American Free Trade Agreement. India's software piracy rate of 63 per cent is lower than other major rubber producing countries. It's 77 per cent in China, 72 per cent in Thailand and 86 per cent in Indonesia. Therefore, rubber manufacturers in India need to increasingly implement modern and value- added technologies in the process of manufacturing and designing innovative products, Thomas said.