Goodyear is present in India since 1922. It is presently working with two plants, one each in Ballabgarh and Aurangabad. The company is engaged in the manufacturing and marketing automotive tyres, tubes and flaps. Automotive tyres include farm, truck and passenger tyres. Other products of the company include tubes/flaps, rubber products and two- and three-wheeler tyres.

Goodyear has a tyre for every type of driving condition. Today's 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.

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.

Products of the company

Passenger Tyre

GPS2
GT3
Ducaro GDi
EAGLE VENTURA
EAGLE NCT 3
EAGLE GA PLUS
EAGLE NCT 5
EAGLE F1 GSD2
EAGLE F1 GSD3

Light Truck Tyre

WRANGLER DT
WRANGLER RT/S
WRANGLER AT/S
WRANGLER AT/R
G28
WRANGLER D-SPORT

Truck Tyre

Power 2000
Power TORQ+
HMG 8
CT 162

Farm Tyre

Sampurna
Purna
ASSG
FT195
DT195
FT195+
NRT

Goodyear Technologies

RunOnFlat
SilentArmor
TripleTred
ComforTred

Milestones

1922: Goodyear tyre and Rubber company Akron, Ohio entered the Indian market.
1961: Goodyear India's own manufacturing facility was inaugurated in Ballabgarh, 32 km from India’s capital New Delhi .The plant had an investment of $12million and was commissioned within 12 months.
1965: The Ballabgarh plant was expanded which increased the plant production by 35%
1969-70: The production increased by nearly 100%
1993: Goodyear formed a 50-50 joint venture with South- Asian Tyres Ltd. (SATL) at Aurangabad to manufacture state-of-art radial tyres for car and light truck and bias construction tyres for graders and earthmovers.
1996: The first tyre GPS2 radial Passenger was rolled out from Aurangabad plant
1998: SATL becomes a fully-owned Goodyear company
1999: A significant investment of $9.3 million was made in the farm tyre manufacturing process.
2002: Goodyear becomes the first tyre manufacturer to roll out tubeless tyres on Indian roads. In the passenger car segment, Goodyear supplies tyres to many of the leading Original Equipment Manufacturers in India. These include Maruti, Telco, Mahindra & Mahindra, Ford, Fiat and many more. In the farm segment, Goodyear tyres are supplied to all the major tractor manufacturers like PTL, ITL, TAFE, Eicher and Escorts. Similarly, for buses and trucks, vehicles rolling out of the assembly line of the leading OEMs like Telco, Ashok Leyland, and Swaraj Mazda are often seen with Goodyear tyres. Goodyear commands a major market share in the Off The Road (OTR) segment by being a major supplier to Coal India Limited, Escorts, L&T, TISCO and major steel plants of the country.
2004: A very significant year with three product launches including GT3, Eagle F1 and Ducaro GA.
2006: Launch of branded retail “shop-in-shop” concept -- a part of the company’s strategic initiative in organized tyre retailing, aimed at strengthening its presence in the large tyre replacement market in the country. These outlets offer customers an unmatched tyre purchase experience. Goodyear India rolls out the Excellence series -- a new collection of luxury passenger car tyres. Designed with the ultimate '3 -Zone Technology', and ECO-Sil Silica Tread Compound Technology, the tyre provides superior comfort and precise handling on both wet and dry conditions for premium car drivers.
2009: Goodyear launched DuraPlus. The company has developed this tyre to fit Asian car market that are categorised under A2 and B segment.
2012: Goodyear Named a Thomson Reuters Top 100 Global Innovator
Goodyear Self-Inflating Technology debuts at The Int' Automobil-Ausstellung (Iaa) Commercial Vehicle Show.

Market Cap	3,070 Cr	ROE	18.7%
P/E Ratio(TTM)	22.7	EPS(TTM)	0.0
P/B Ratio	5.0	Dividend Yield	2.0%
Industry P/E	32.0	Book Value	268.7
		Face Value	10.0

Fundamentals