Michelin Tyres recently inaugurated a new Michelin certified Recamic tyre retreading store in Hyderabad, to bring quality retread solutions for the Truck & Bus customers in the region. The new store has been set up in collaboration with TVS TREAD, the retreading arm of TVS GROUP. The primary objective is to work together towards the advancement of the retreading sector in the Indian Commercial Vehicle segment.
This new store from Michelin & TVS TREAD will provide quality retreading solutions for radial tyres that will help reduce operational costs for transporters. Collaborating for the common cause of higher tyre mileage and fuel savings, this new retread store will further help in differentiating performance of Michelin tyres by improving on the second and third lives of the Michelin casings. The announcement comes as a strategic move with both the companies sharing a strong focus to help the Truck/Bus fleet owners to optimize their operational costs.
The state-of-the-art store will offer the Michelin group brand Recamic tread for use on all Michelin casings besides offering TVS treads on non-Michelin casings. It is designed and certified to offer retreads for all Radial casings.
Speaking at the announcement, Mr. B Kumar, Country Manager – Channel Development, Michelin India said, “We are excited about our collaboration with TVS Tread and we expect to leverage this partnership to help grow the retread industry in the country and also expand our footprint in India. Hyderabad is an important market for us and the opening of the Michelin’s first retread store in Hyderabad proves our eagerness to serve the growing Commercial Vehicle base in the city. The collaboration builds on our strategy to provide quality retread and repair solutions that last long and also prove to be value for money for the fleet owners.”
Sharing his thoughts on the collaboration, Mr. V N Ramamoorthy, Chief Executive Officer, TVS TREAD said, “Being the pioneer for retreading in the country it has been always our endeavor to offer cost effective solutions to our customers from transportation fraternity. We are proud that TVS TREAD has been serving the fleet operators for over 7 decades, being the single largest retread solutions provider in the country for the entire range and sizes of tyres since 1943. With the current synergy with MICHELIN, who are world no 1 in radial tyres & retreading solutions, TVS TREAD will be able to offer quality retread solutions to the growing commercial vehicle customers in Hyderabad”.
With the fast growing commercial vehicle market and the coming up of quality infrastructure, Hyderabad is increasingly contributing to the state’s overall economic growth. The retread store is strategically located based on proximity to a large number of existing and potential users. With the launch of the new retread store, Michelin has strengthened its product & service portfolio as high quality retreading and repair solutions will be offered through these centers. Further, this will provide opportunities for all customers to extract maximum value from world-class Michelin radial tyres which are known for their casing strength.