China’s tyre repair giant Wanshida targets India aftermarket
China-based tyre repair tool specialist Guangdong Chaoan Wanshida Automobile Accessories Co (Wanshida) has taken the Bangaladesh route to enter the Indian aftermarket.
The company launched its tyre sealant, christened Mega Magic Tyre Selant, and other related products at the recently held ACMA Automechanika New Delhi. Wanshida will sell this product in India through Mega Group, a Bangaladesh-based international auto parts distributor.
Talking to Autocar Professional, Dr Zia Md Jahangir, chairman of Mega Group, said, “Our company also has a corporate office in China through which we are linked to Wanshida.” The company will sell instant tyre sealant products in the Indian market.
The product has been developed by the Chinese company by sourcing technology know-how from an undisclosed British technology provider. “The Chinese company has preferred us as we have links with both China and India by headquartering in Bangaladesh,” he added.
Targeted at Indian two-wheelers and passenger cars, the product christened ‘Mega Magic Tyre Sealant’, can seal at a time 50 cracks or leaks in any kind of tyre and tube. It can seal tyre cracks (leaks) in sizes from 6.8mm to 38mm.
Related Article
- TOCOM ends higher in choppy trade, follows early Shanghai rally
- Columbian Chemicals' carbon black project comes into run in NE China
- TOCOM ends down 1.5pc after four-session gains
- Growth for import automobile sales in China in 2015 forecast to be around 10%
- New vehicle purchase tax policies come into effect in China
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
