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Richard Pieris: Expanding product line

Richard Pieris Tyre Company Ltd (Arpico Group) is mainly engaged in the tyre retread business and is the pioneer in the field in Sri Lanka dating back to 1942.The company maintains an island-wide distribution network which has an established position as the market leader. This was leveraged to offer customers delivery anywhere in the country within a very short period.Richard-Pieris-300

The company added further products to its retreading and trading product lines aiming to become a total tyre solution provider. It became the largest truck tyre importer in the country and also entered the Passenger vehicle tyre market. The retreading product line was expanded by adding the Arpiradial brand which is especially designed for radial truck tyres.

The future of the retread market will continue to grow at very low level or may be remain constant. The retread business will live on and what the company feels is that customers will become more quality conscious and pay a premium price for a quality product.

New tyres are presently becoming higher performing. However they are also becoming more sensitive to abuse of bad usage conditions. Tyres so abused may become unreliable after retreading. The company sees it a challenge to educate customers to prevent tyre misuse and also in filtering out unsuitable tyre casings from our production processes.

Being a ISO 9001 certified company from year 2001 clearly shows the high standards of the product. The company is now further exploring the international market. The vision of the company is to be a market driven technologically oriented diverse company which will organise and operate to continually focus on exceeding the expectations of its customers, whilst excelling in profitability and it will attract, develop and retain talented people to ensure the continued growth and viability of all business ventures.

(Full text in PTA October/November issue)


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