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Alliance Tire CEO makes Forbes India cover

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Alliance Tire CEO makes Forbes India cover

Alliance Tire Americas Inc. announced that its group CEO, Yogesh Mahansaria, appears on the cover of the October, 2013, issue of Forbes India magazine.

Mahansaria, a life-long veteran of the off-highway tire (OHT) market, is featured in an article Alliance says “reads as close to a Cinderella story as the global tire industry can provide.”

“We’re extremely excited to see Yogesh on the cover of Forbes India,” says Manny Cicero, president of Alliance Tire Americas.

“It’s a great honor for him and a validation for those of us who have played a part in the growth of his second successful company. He is an inspiration to those of us who have encountered setbacks in life and yet lived to fight another day.”

Forbes chronicles the path of Mahansaria’s ascendancy to global CEO, beginning with his first rise through the ranks as he helped his family’s struggling scooter tire business grow to become a major player in the OHT market.

The feature continues through to the present, where his second global company, Alliance Tire Group, sits on the precipice of a new era of growth and market dominance in partnership with private equity giant Kohlberg Kravis Roberts (KKR).

“It’s been an exciting journey getting from there to here,” adds Cicero, who joined as president of Alliance Tire Americas in 2007. “It’s not over yet. With our strong brands, our global distribution, our low-cost manufacturing and with KKR at our side, we are strongly positioned to become one of the top three global OHT manufacturers in the world in the next four to five years.”

To read the Forbes India cover story on Mahansaria, click here.

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