Kerala, recently: Tolins Tyres has secured selection under an Institute of Road Transport (IRT) rate contract to supply tyre retreading materials to all eight State Transport Undertakings (STUs) in Tamil Nadu. The award, cleared by the Tender Award Committee on 8 October 2025, is effective for six months from 31 October 2025—or until the next tender is finalised, whichever is later.

Under the contract, Tolins Tyres is allotted monthly quantities of three retreading materials across all STUs. The approved basic price for all three materials will remain firm for the contract duration, offering customers price certainty and supporting stable margins.

Dr KV Tolin, Promoter, said the win underscores the company’s quality and reliability, adding that consistent supply of ASRTU-specified materials will help maximise fleet uptime, enhance safety, and reduce lifecycle costs, while maintaining current margins.

Key points:

Contracting authority: Institute of Road Transport (IRT)

Customer: All eight Tamil Nadu STUs

Scope: Supply of three tyre retreading materials under a rate contract

Tenure: Six months from 31 October 2025, or until the next tender is finalised

Broad consideration: Rs 40–50 crores

Allocation: Monthly quantities across all eight STUs

Pricing: Approved basic price fixed for the entire tenure