Indian tyre makers have climbed higher on the global stage, with four companies now ranked among the world’s top 20 in the latest Global Tyre Report from Tire Business, which uses CY2024 sales as its benchmark.
MRF leads the Indian pack at number 13 worldwide. Apollo Tyres is right behind at 14, while JK Tyre & Industries holds the 19th spot. CEAT has also broken into the group, placing 20th.
ATMA Director General Rajiv Budhraja said this recognition reflects the scale, technology focus, and global competitiveness that Indian manufacturers have built over the years. He noted that the achievement underscores India’s growing role as a hub for high-quality, value-driven tyre production.
The rankings show steady upward movement. Apollo Tyres has risen three spots since 2013, JK Tyre has climbed six, and CEAT has jumped three places in just the past year.
Indian firms are also leading in niche and high-performance categories. MRF is the global leader in racing tyres with three dedicated plants. In motorcycle tyres, MRF ranks second with four plants and CEAT follows with three. MRF also holds the second position worldwide in farm tyres, supported by seven plants.
A joint ATMA–PwC India study titled Viksit Bharat 2047 projects that India’s tyre output could grow nearly four times by 2047, with industry revenues rising close to twelve times to an estimated ₹13 lakh crore.
