Goodyear India wins award for excellence in corporate governance
The Golden Peacock Awards, instituted by the Institute of Directors (IOD), India in 1991, are regarded as a benchmark of Corporate Excellence worldwide.
Goodyear India Limited is one of the largest tyre companies in the world. The company was established in the year 1922 and has its headquarters in New Delhi. Goodyear is a subsidiary company of Goodyear Orient Company (Pvt) Ltd. The company has employed more than 65000 employees and has 48 manufacturing facilities available in 22 countries across the globe. They offer automotive bias tyres that comprises of farm & commercial truck tyres and tubeless radial tyres. They also market and sell tubes and flaps. They supply tyres to the original equipment manufacturers. The company's winged foot trademark was an inspiration driven by a newel post statuette of the Roman god Mercury. Their presence in the country has been felt for over ninety years now. They have two manufacturing plants in Ballabgarh and Aurangabad. The company supplies tyres to many of the leading Original Equipment Manufacturers in the passenger cars segment. They have also been among the firsts to introduce tubeless radial tyres in the same segment. The company has also supplied to almost all the major tractor companies in the farm segment. They were awarded the Super brand status in the year 2010-2011. The company's product category has been filtered in three parts: Passenger, Performance and SUV/4X4. Their products are known for super quiet, maximum grip and great riding comfort. They have been engineered with advanced technologies. The company stands at the edge of drag racing, winning mos of the championships in both professional and sportsman categories in National Hot Rod and International Hot Rod Association Competitions. Currently, the company has introduced the "Road Therapy" campaign. It helps recognize the power of driving in transforming emotions.
The Golden Peacock Awards, instituted by the Institute of Directors (IOD), India in 1991, are regarded as a benchmark of Corporate Excellence worldwide.
If the Indian company is successful, the deal will create a tyre maker that ranks among the top seven with a strong presence in the US and Europe.
Goodyear's second quarter 2016 sales were $3.9 billion, down from $4.2 billion a year ago, with the decrease largely attributable to the deconsolidation of the company’s subsidiary in Venezuela.
“Support for the military is part of the fabric of our company,” said Stu Grant, Goodyear’s general manager of global racing.
Goodyear received the awards for its environmental scorecard and its commitment to excellence in this area.
Company's focus will be on bringing new products and increase the product portfolio in all the three segments.
Its arm Goodyear India is looking to bring in products with new technologies such as the recently launched Assurance TripleMax, in order to be among the top two-three players in passenger cars tyres segment.
Name | DIN | Designation | Date of joining | |
---|---|---|---|---|
Leopoldo Estefano Maggiolo Gonzalez | Unlock to View | Unlock to View | Director | 09 Feb,2017 |
James Constantine Venizelos | Unlock to View | Unlock to View | Director | 01 Sep,2016 |
Christopher Raymond Delaney | Unlock to View | Unlock to View | Director | 01 Jan,2016 |
Sudha Ravi | Unlock to View | Unlock to View | Director | 07 Jun,2014 |
Rajeev Anand | Unlock to View | Unlock to View | Managing director | 20 Feb,2009 |
Chandrashekhar Dasgupta | Unlock to View | Unlock to View | Director | 01 May,2001 |
Ravi Vira Gupta | Unlock to View | Unlock to View | Director | 27 Oct,1998 |
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