The fortunes of the tyre industry in India are largely dependent on the auto sector. It is a very concentrated industry where the top 5 players enjoy almost 70% of the market share. The unorganized sector is also substantial. Here is a list of the top 10 tyre companies ranked on the basis of net sales as of 2012.
10. Krypton Tyres
Net Sales (in Rs. Cr) = 32.13
Krypton Tyres was solely into manufacturing PU tyres for bicycles when it was formed in 1990. But with time, it has expanded its product line and now manufactures a range of tyres for not only bicycles but also wheel chairs and trolleys. It has taken its extension further to enter the footwear industry by launching its own brand Softflex.