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JK Tyre’s sensor-fixed tyre has a high IQ
With Rs 1400 crore investment, Raghupati Singhania led JK Tyre introduced Treel sensor-fixed tyres for passenger and commercial vehicles.
Revolutionary wheels
- In 2019, the visionary team of JK Tyre and Industries had launched smart tyre, slightly costlier than regular tyre.
- The company had acquired Treel Mobility Solutions Pvt Ltd and introduced a Tyre Pressure Monitoring System.
- Come FY2025, JK Tyre and Industries is all set to bring advanced smart tyres into being for passenger cars and commercial vehicles.
- Upgraded with cutting edge technology, these tyres will come with embedded sensors determining the health of the tyre simply through a mobile application. These sensors will provide the passengers with real-time alerts of the tyre temperature, pressure and overall condition.
- The data collected is sent to the owner’s mobile phone with the help of Bluetooth and can be accessed through an app. This will help in the early detection of any issues which can be rectified immediately before they lead to a mishap on the road.
- Further, JK Tyres announced an investment of Rs.1400 crore in a phased manner over the next two years which will be used for capacity expansion for passenger car radial tyres.
Cars turn safer in future
- With Bluetooth, smart tyres can be used to track cars for fleet owners with GPS. All the sensors can be connected to a pod, and that pod is connected to the cloud. So, one can track the vehicle, performance of tyres, pressure, the position of the tyre remotely.
- Increasing need for improving fuel efficiency of vehicles using smart tyres is among the major factors to drive the global market for smart tyres to reach USD 126.91 billion in 2028 from USD 76.78 billion in 2020.
- However, the predictable growth can meet roadblocks like lower adoption rate of smart tyres due to high cost, product availability for the premium vehicle segment technology errors or malfunctioning, which can occur due to incorrect data or information and low-quality tyres.
Raghupati Singhania – The Auto Maverick
- Dr. Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries Limited was conferred with the prestigious ‘Inspiring CEO of 2022’ at the recently held ‘The Economic Times CEO conclave’.
- The tech-savvy industrialist was conferred the PHD Chamber of Commerce and Industry’s (PHDCCI’s) prestigious lifetime achievement award for 2022 by Lok Sabha Speaker Om Birla.
- The Chairman and Managing Director of JK Tyre and Industries have always remained committed to his objective and believes that the road to growth is never a short one, it is indeed a continuous way forward.
Editor’s Note
- Steering the wheels of the country’s top tyre manufacturer, Dr. Raghupati Singhania is a third generation changemaker. He commissioned his first plant standing under the scorching sun of May in Rajasthan, till date he makes notes of every meeting meticulously and his observations are immaculate as a computer. Sunanda Singhania, his wife feels he never shies away from hard work.