Innovative Tyres And Tubes was originally incorporated as ‘Innovative Tyres & Tubes Limited’ at Mumbai, Maharashtra as a Public Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated November 28, 1995 bearing Registration Number 11-94817 issued by Registrar of Companies, Maharashtra, Mumbai.
Business area of the Company:
They are a tyre and tube manufacturing Company, manufacturing & marketing their products under flagship brand ‘Innovative’. They started their journey with the acquisition of a greenfield project situated at Halol in auction from Gujarat State Financial Corporation and State Bank of Bikaner & Jaipur vide agreement dated December 15, 1995. Thereafter, they revamped the closed company to their tube manufacturing facility at this property and started manufacturing of tubes in the year 1996. Within a short time after their inception, they were able to successfully get their facility approved by CEAT for carrying out job work activities for them. The Company is manufacturing all segments of Nylon Tyres. The Company is catering to domestic markets/after sales market, OEMs and is also exporting its products.
Major events and milestones of the company:
- 1995: Incorporation of the Company.
- 1996: Acquisition of plant located at Halol, Gujarat for manufacturing of tubes.
- 1996: Certificate of Commencement of Business.
- 2003: Established 2nd plant at Halol, Gujarat for manufacturing of 2 wheeler tyres.
- 2015: Scope of Certification by the Philippine Standard Certificate of the Department of Trade and Industry.
- 2015: Certificate for Quality Management system as required under ISO 9001:2008 issued by TUV SUD, South Asia Private Limited for Tube plan.
- 2015: Philippine Standard Quality Mark Licence by the Department of Trade and Industry, Bureau of Philippine Standards.
- 2016: Certificate for Quality Management system as required by ISO 9001:2008 by TUV SUD South Asia Private Limited for Tyre plant.
- 2016: Licence from Bureau of Indian Standards bearing IS No. 13098:2012.
- 2017: Product Certificate SNI 0100:2012 for product light truck tyre (Brand-Innovative).
- 2017: Product Certificate SNI 6700:2012 for product Inner tube for automobile tire (Brand-Innovative).
- 2017: GSO Conformity Certificate by GCC Standardization Organization.
- 2017: Compliance Statement (RDWC-EAV-02 Correction 01) by RDW, The competent Administrative Department (Approval Authority) for the Netherlands.
- 2017: Product Certificate by Standards Organization of Nigeria.
- 2017: Product Certificate SNI 0099:2012 for product Truck & Bus Tyre (Brand-Innovative).