Archive · 24 Nov 2025
Four Indian Tyre Firms Rank Among Global Top 20
Four Indian companies that make tyres are now among the top 20 in the world.
MRF is the highest-ranked Indian company at number 13, followed by Apollo Tyres at 14, JK Tyre at 19, and CEAT at 20.
This is a big achievement for India's tyre industry.
These companies have been improving their rankings over the years.
For example, Apollo Tyres has moved up three positions since 2013, and CEAT has moved up three positions in just the last year.
These companies are also leaders in making special and high-performance tyres.
For instance, MRF is the world leader in making tyres for racing and is second in making tyres for motorcycles and farm equipment.
The report also says that by the year 2047, India's tyre production is expected to grow nearly four times, and the industry's revenue is expected to grow almost twelve times to about ₹13,00,000 crore.
This shows that India is becoming a important player in the global tyre market.
Four Indian tyre manufacturers ranked among the world's top 20 based on 2024 sales: MRF (13th), Apollo Tyres (14th), JK Tyre (19th), and CEAT (20th).
MRF leads globally in racing tyre manufacturing and ranks second in motorcycle and farm tyre segments.
Apollo Tyres and JK Tyre have improved their global rankings by three and six positions since 2013, respectively.
CEAT has shown significant growth, moving up three positions in the last year.
India's tyre production volumes are projected to grow nearly fourfold by 2047, with industry revenues expected to expand almost twelve times to approximately ₹13,00,000 crore.
- Who
- Four Indian tyre manufacturers: MRF, Apollo Tyres, JK Tyre & Industries, and CEAT
- What
- Ranked among the world's top 20 tyre companies based on 2024 sales
- When
- Report published on November 24, 2025
- Where
- Global ranking based on sales data
- Why
- Reflects the growth and global competitiveness of Indian tyre manufacturers
- MRF Rank
- 13th
- Apollo Tyres Rank
- 14th
- JK Tyre Rank
- 19th
- CEAT Rank
- 20th
- Projected Tyre Production Growth
- Nearly fourfold by 2047
- Projected Industry Revenue Growth
- Almost twelve times to ₹13,00,000 crore by 2047
- Report Source
- Global Tyre Report by Tire Business
- Publication Date
- November 24, 2025