₹18,000 crore is the figure Crisil projects for India’s tyre giants over the next two fiscal years, a sum that could reshape how trucks, buses and commercial vans perform on the road.
JK Tyre, the country’s largest domestic player, has already stretched its plants to the brink, even turning down export orders to keep its domestic line moving.
Apollo Tyres is tackling bottlenecks head‑on, ramping up production capacity to meet a surge in demand that is tightening the supply chain across the country.
Rising raw‑material and freight costs mean that every rupee of new investment must translate into tangible gains for fleet operators, who are demanding tyres that last longer and handle heavier loads.
Iaa Show in Hannover highlighted a wave of electrification and autonomous technology in commercial vehicles, a trend that will push tyre makers to innovate in grip, durability and low rolling resistance.
With expansions slated to hit the road by the end of FY27, Indian fleets could soon see tyres that not only keep pace with bigger vehicles but also support the move toward zero‑emission transport.