Italian retread tyre manufacturer
The JV is said to leverage the strengths of the two partners – Marangoni as a retreading systems company and GRP in rubber recycling and understanding of the Indian market – to bring a world class retreading solution to the Indian commercial vehicle fleets that will help them extend the life of their tyres and lower their operational costs.
A novel technology that will be seen in India for the first time will be Marangoni’s Ring System – RINGTREAD – the splice-less retread. The RINGTREAD technology is said to deliver more mileage, better grip, and more reliability, and eventually, says Marangoni, will grant higher savings to Indian fleets.
Additionally, the JV will, says Marangoni, bring environmental benefits to India in general and its transportation sector in particular as good quality retreaded tyres are environmentally friendly due to lesser resource utilisation.
Massimo De Alessandri , CEO of the Marangoni Group, said: “The evolution of the Indian market gives Marangoni a great opportunity to expand its global footprint. We have been studying this market for some years now and believe that the time is opportune to propose our retreading system to the country. The expanding road network and the wide acceptance of radials by fast professionalising fleets gives us the confidence that with GRP, we can establish a solid presence in India.”
Harsh Gandhi, executive director GRP Ltd, added: “Our relationship with Marangoni as a supplier to them is more than a decade old and has been built on principles of mutual trust and respect. From our experience in tyre recycling, we believe that the growing pace of radialisation is an opportunity to bring a world class retreading concept to Indian fleets. Marangoni was the most qualified partner for this.”
The JV intends to establish a pan-Indian network of tyre retreaders able to spread the quality of the Marangoni system to commercial vehicle fleets.
