ATMA names Neeraj Kanwar as Chairman

ERJ staff report (DS)

Mumbai -- India's Automotive Tyre Manufacturers' Association (ATMA) has unanimously voted for Neeraj Kanwar, Managing Director, Apollo Tyres Ltd, to become the next Chairman of ATMA. Kanwar is by far the youngest ATMA Chairperson so far since its inception in 1975.

As Neeraj Kanwar takes on the role of the Chairman, he is faced with two key challenges -- falling

exports out of India and increased dumping of low-cost tyres (costing as much as 30% below Indian

prices) into the country.

ATMA's key members are the 8 largest Indian tyre manufacturers, who account for 90% of the Indian

tyre market. ATMA acts as a communication vehicle between the tyre manufacturers and the

government on legislation and requisite policy changes, on both sides; often assisting in relevant policy

formulation, especially on Bi- and Multi-Trade Agreements and WTO issues.

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