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2 other new generation tyres for bikes also launched

Our Bureau

Kochi, July 27

TVS Srichakra Ltd, the two and three-wheeler tyre major, has edged out its competitors with the launch of three new generation tyres, including the country’s first puncture resistant tubeless tyre, at a national launch function held here on Friday.

The other new tyres come under the brand name Poly X (polyster fabric tyres ideal for high speed bikes) and Anaconda (dual tread tyres, which have double tread).

“This is an absolutely revolutionary technology, the first of its kind in India and will give the two-wheeler rider greater safety and increased control over rough Indian roads,” Mr S. Balasubramanian, Executive Vice-President (Operations and Marketing), said at a press meet.

Each of these tyres has been specially designed bearing in mind the different needs of different two wheelers in the market today, he added.

The puncture-resistant tubeless tyres come with a self-sealing technology that allows no loss of air pressure in the event of a puncture, withstanding air pressure even with a penetration of any puncture material of 3 mm thickness.

The technology makes sure the tyre retains air and avoids failures arising due to less inflation/deflation while running.

Kochi has been considered as the launching pad for the new tyres because 40 per cent of the raw material purchase are carried out from Kerala, he said.

Referring to the financial performance of TVS Srichakra, Mr Balasubramanian said that the company had achieved a turnover of Rs 468 crore in the last financial year and is targeting Rs 568 crore in the current fiscal.

In Kerala, TVS Tyres has got a market share of 18 per cent and a turnover of Rs 75 lakh per month. The turnover will touch Rs 10 crore by the end of current fiscal in the State, he added.

TVS Tyres is one of the major suppliers to TVS Motors, Hero Honda, Bajaj Auto and Yamaha Motors. It has a strong network of 2,050 dealers and 20 depots across the country to cater to the after-market.

More Stories on : New Products & Services | Tyres | Kerala

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