The Goodyear India Story


Goodyear's presence in India is over 80 years old, with two plants, one each in Ballabgarh and Aurangabad.
A chronology of Goodyear's continued success in India is as follows:

1922: Goodyear tyre and Rubber company Akron, Ohio entered the Indian Market.

1961: Goodyear India's own manufacturing facility was inaugurated in Ballabgarh, 32 kms from India’s capital New Delhi .The plant had an investment of US $12million and was commissioned within 12 months.

1965: The Ballabgarh plant was expanded which increased the plant production by 35%

1969-70: The production increased by nearly 100%

1993: Goodyear formed a 50-50 joint venture with South- Asian Tyres Ltd. (SATL) at Aurangabad to manufacture state-of-art radial tyres for car and light truck and bias construction tyres for graders and earthmovers.

1996: The first tyre GPS2 radial Passenger was rolled out from Aurangabad plant

1998: SATL becomes a fully owned Goodyear Company

1999: A significant investment of 9.3 MM USD was made in the farm tyre manufacturing process.

2002: Goodyear becomes the first tyre manufacturer to roll out tubeless tyres on Indian roads.

In the passenger car segment, Goodyear supplies tyres to many of the leading Original Equipment Manufacturers in India. These include Maruti, Telco, Mahindra & Mahindra, Ford, Fiat and many more.
Goodyear India has been a pioneer in introducing tubeless radial tyres in the passenger car segment.

In the farm segment, Goodyear tyres are supplied to all the major Tractor manufacturers like PTL, ITL, TAFE, Eicher and Escorts. Similarly, for buses and trucks, vehicles rolling out of the assembly line of the leading OEMs like TELCO, Ashok Leyland, and Swaraj Mazda are often seen with Goodyear tyres.
Goodyear commands a major market share in the Off The Road (OTR) segment by being a major supplier to Coal India Limited, Escorts, L&T, TISCO and major steel plants of the country.

2004: A very significant year with three product launches including GT3, Eagle F1 and Ducaro GA.

2006: Launch of branded retail “shop-in-shop” concept – a part of the company’s strategic initiative in organized tyre retailing, aimed at strengthening its presence in the large tyre replacement market in the country. These outlets will offer customers an unmatched tyre purchase experience.

Goodyear India rolls out the Excellence series – a new collection of luxury passenger car tyres. Designed with the ultimate '3 -Zone Technology', and ECO-Sil Silica Tread Compound Technology, the tyre provides superior comfort and precise handling on both wet and dry conditions for premium car drivers.

E-mail ID for Investor Relations:goodyearindia_investorcell@goodyear.com.