Steady recovery seen in tyre industry, long-term outlook favourable: Goodyear

2021-07-20 16:59:24

A steady recovery is seen in the tyre industry in India after the impact of the COVID-19 pandemic and the long-term outlook is expected to be favourable, according to Goodyear India Ltd. With the consumer tyre industry slowly but steadily shifting towards the premium and SUV segments, primarily led by growth in SUVs, the company said the trend is “expected to create opportunities for the business to grow profitably”.

“While the pandemic has currently created headwinds, your company

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