Goodyear South Asia Tyre Pvt. Ltd.

Company limited by Shares (2) 771+ employees

Goodyear South Asia Tyre Pvt. Ltd. Description

Goodyear South Asia Tyres Private Limited was established in the year 2001. They operate as a subsidiary of The Goodyear Tire & Rubber Company. It manufactures tires for automobiles, commercial trucks, light trucks, motorcycles, SUVs, race cars, airplanes, farm equipment and heavy earth-mover machinery. The company is one of the world’s largest tyre companies. Goodyear gives employment to 65,000 people and manufactures its products in 48 facilities in 22 countries around the world. The first Goodyear factory was opened in Akron, Ohio, in 1898. The thirteen original employees manufactured bicycle and carriage tires, rubber horseshoe pads, and poker chips. The manufactures pneumatic casings, inner tubes, and solid and cushion tires for all types of vehicles. The company takes pride in their products, services and relationships because of their valued customers. The Goodyear Tire & Rubber Company started in 1898 when Frank Seiberling purchased the company's first plant using money he borrowed from his brother–in–law. The rubber and cotton had to be transported from halfway around the world, to a landlocked town that had only limited rail transportation. Seiberling named the company after the courageous pioneer Charles Goodyear, the discoverer of vulcanisation. He also determined the distinctive winged–foot trademark that remains a symbolic link with the company's past. Presently, most exciting new cars use wider, lower–profile tyres to enhance both their handling and looks. This type of tyre places a priority on aggressive traction and response. In the past, that meant limited capabilities in poor weather, significant compromises in ride comfort and tread life. Now, a wide range of Goodyear tyres, including the new Eagle ultra–high performance and Excellence radials, deliver outstanding performance, all–season capability, and uncompromised comfort and tyre life.

Goodyear South Asia Tyre Pvt. Ltd. Overview

INDIA HO
AURANGABAD
COMPANY SIZE
771+ employees
CIN
U99999MH1993PTC075617
TYPE
Private
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
EMAIL
anup_karnwal@goodyear.com
FOUNDED
15 Dec,1993
PAID-UP CAPITAL
5,237,272,500
AUTHORISED CAPITAL
5,300,000,000
N/A Related OEMs
N/A No. of plants

Company Breakup

Name share
Bodies Corporate
100.00%
Total Number Of Shareholders 2
Shareholding As On 2016-09-30

Goodyear South Asia Tyre Pvt. Ltd. in News

08 Jul 2021

Epsilon commissions Rs 550 cr carbon black unit in Karnataka

Without providing any timeline, the statement said Epsilon will expand the capacity of the unit to 1.80 lakh tonne with additional investment of Rs 350 crore, and further to 3 lakh tonne to become India's largest single location carbon black plant.

30 Jun 2021

Asia's longest high speed test track opens in Pithampur

Asia’s longest and the world’s fifth high speed test track was inaugurated on Tuesday at National Automotive Test Tracks (NATRAX) in Pithampur. The 11.3 km facility is likely to attract global players for automotive testing and reduce dependence of Indian OEMs on foreign testing tracks.

29 Jun 2021

Economy: Revival After April-June

India’s economy and its citizens have just endured a harrowing experience with the second Covid wave. But as we look ahead to coming quarters, we see reasons for optimism.The economic impact of the second wave should be localised to April-June 2021-22.

21 Jun 2021

ZF and Goodyear plan tyre and fleet management solutions for CVs in Europe

Initially, ZF and Goodyear will offer European commercial vehicle fleets an integrated suite of fleet and tyre management applications supporting mixed and multi-brand fleets. Through an interoperable and flexible solution, based on a single telematics box, TX-Trailerpuls fleets can access the services and support of both the companies, including Goodyear tyre data and full access to ZF’s Transics FMS solutions, TX-Trailerfit and TX-Connect.

10 Jun 2021

Migrant workers in Malaysia win labor suit against Goodyear

Chandrasegaran Rajandran said the Industrial Court agreed that the workers from Nepal, India and Myanmar were entitled to benefits under a collective labour agreement that includes shift allowances, annual bonuses and pay increases. The company argued that the foreigners were not represented by the labour union.

10 May 2021

Rising input costs may deflate tyre cos’ near-term prospects

Shares of CEAT have declined 17 per cent in the last one-month while MRF and Apollo Tyres have dropped 7 per cent and 5 per cent, respectively, during this period. Except CEAT, all other six listed tyre companies are currently trading at a premium to their three-year average Price to Earnings (PE) ratio — a popular valuations measure.

22 Feb 2021

Goodyear acquires Cooper in all-American tire combination

The deal, which has been approved by the boards of both companies, is expected to close in the second half of this year. It would give shareholders of Goodyear, based in Akron, Ohio, about 84% of the company and Cooper shareholders with the remaining 16%.

23 Jan 2021

Hero Moto to launch 50 models over next five years

Hero Moto, the country’s top-wheeler maker, crossed a record 100 million units in production, and is lining up an aggressive launch plan of 50 products and upgrades over the next five years, chairman Pawan Munjal said on Thursday as the company works to strengthen its premium portfolio with new partner Harley-Davidson.

Directors of Goodyear South Asia Tyre Pvt. Ltd.

Name DIN Email Designation Date of joining
Praveen Kumar Walia Unlock to View Unlock to View Director 08 Feb,2017
Cesar Augusto Da Silva Unlock to View Unlock to View Director 16 Dec,2016
Oliver Carsten Gloe Unlock to View Unlock to View Additional director 01 Sep,2015
Rajeev Anand Unlock to View Unlock to View Director 20 Jan,2009

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