Can I make money from old tyres?
Partnering with Recycling Centers and Businesses Many recycling facilities pay for tires and break them down into reusable materials. Instead of letting old tires pile up, you can sell them directly to these companies and earn money without investing in additional equipment. With the right tire shredding equipment and a solid recycling system in place, even small operations can turn scrap tires into a profitable and scalable business model. From TDF to crumb rubber, each product represents a unique opportunity to create value from waste.High-Value Recycling: If the business also processes the shredded tires into high-value products like rubber mulch, crumb rubber, or tire-derived fuel (TDF), earnings can increase significantly, potentially ranging from $10 to $40 per tire.
Is TYRE business profitable?
The demand for tyres is increasing with growing automobile sales. Brands like MRF, Apollo, CEAT, JK, and Bridgestone give excellent opportunities for operation in terms of franchises. The investment ranges between ₹20 lakh-50 lakh, but the profit margins are set in between 8-15%; a lucrative business option indeed. MRF, or MRF Tyres, is an Indian multinational tyre manufacturing company and the largest manufacturer of tyres in India.MRF is considered the top tyre company in India due to its long-standing reputation, quality products, and wide range of tyres.