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What are the latest innovations in the OTR tyres segment?

CW speaks to experts to understand new trends in the tyre market.

鈥淲e will be launching 63-inch tyres for the Indian market.鈥�

Tractors and earthmoving equipment are the major demand drivers of OTR tyres,鈥� says Prasanta Ganguly, Head 鈥� OTR Marketing (Domestic Sales), Balkrishna Industries (BKT).

On The Roll

The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.

On revival Path

In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.

Rolling ahead

The Indian off-the-road (OTR) tyre market is becoming more competitive in the global space with the presence of a mix of national and international players.

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