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Virat Kohli’s Business ventures: Brand Collaborations, Yearly Income, and Net Worth

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Kohli’s journey from a young cricket enthusiast to a global sports icon is marked by his remarkable achievements. As a former captain of the Indian national team, he led the team to many victories and set new benchmarks in the sport. His commitment to excellence and his ability to perform under pressure have made him a formidable player in all formats of the game.

Beyond his cricketing career, Kohli is also known for his entrepreneurial ventures and endorsements. His business acumen is evident in his successful investments and partnerships, which span various industries, including sportswear, fitness, and technology. His brands, such as One8 and Wrogn, reflect his fashion sense and commitment to promoting a healthy lifestyle.

Virat Kohli’s Business Ventures and Personal Brands list

Virat Kohli's business ventures and personal brands, including One8, Chisel gyms, and key endorsements, showcasing his entrepreneurial and brand-building success
Virat Kohli’s diverse business ventures and personal brands: From One8 and Chisel gyms to major endorsements, highlighting his entrepreneurial success.
  • One8 is a lifestyle and sportswear brand co-founded by Virat Kohli in collaboration with Puma. Launched in 2018, the brand combines modern, trendy designs with high-quality materials, offering a range of apparel and accessories including t-shirts, joggers, and sneakers. One8 leverages Kohli’s personal style and Puma’s expertise to appeal to a young, fashion-conscious audience and is distributed through Puma’s retail stores, e-commerce platforms, and exclusive outlets. The brand’s market strategy focuses on merging style with functionality, positioning it as a prominent name in the lifestyle and sportswear sector.
  • Wrogn Co-founded by Kohli, Wrogn is a popular casual wear brand known for its edgy and contemporary designs. The brand offers a variety of stylish and comfortable clothing, including jeans, shirts, and t-shirts, appealing to the younger demographic with its unique fashion sense.
  • Chisel is a premium fitness chain founded by Virat Kohli, designed to offer state-of-the-art gym facilities and personalized training programs. Launched to promote a healthier lifestyle, Chisel focuses on providing high-quality fitness experiences to its members.
  • FC Goa As a co-owner of FC Goa, a team in the Indian Super League (ISL), Kohli has invested in the growth and visibility of Indian football. His involvement supports the development of the sport in India and enhances its profile.
  • Virat Kohli Foundation The Virat Kohli Foundation is a philanthropic organization dedicated to supporting underprivileged children and promoting sports and education. The foundation works on various initiatives to provide opportunities for youth and improve their quality of life

Virat Kohli’s Cricket Salary

Virat Kohli receiving a substantial salary from cricket, including his BCCI contract, match fees, and IPL earnings, highlighting his high earnings in the sport.
Virat Kohli’s impressive cricket salary: from BCCI contracts to IPL earnings, showcasing his financial success on and off the field.

As of 2024, Virat Kohli remains one of the highest-paid cricketers globally, with a substantial income from various sources related to his cricketing career:

  • BCCI Salary
    Virat Kohli’s central contract with the Board of Control for Cricket in India (BCCI) places him in the highest bracket of payments for international cricketers. As of the latest contract updates, Kohli earns ₹7 crore annually as part of his central contract, which includes his salary for representing India in international matches and tournaments.
  • Match Fees
    Kohli’s match fees for international and domestic games contribute significantly to his earnings. For Test matches, he earns approximately ₹15 lakh per match, while for One Day Internationals (ODIs) and Twenty20 Internationals (T20Is), he earns about ₹6 lakh and ₹3 lakh per match, respectively. These figures reflect his elite status in the sport.
  • IPL Salary
    In the Indian Premier League (IPL), Kohli has been a marquee player for the Royal Challengers Bangalore (RCB). For the 2024 IPL season, his salary is approximately ₹15 crore, making him one of the highest-paid players in the league. His long-term association with RCB highlights his significant impact and value in the tournament.

Virat Kohli’s Startup Investments

  • Chisel
    Chisel, a chain of fitness centers founded by Virat Kohli, continues to expand with multiple locations across India. The gyms offer high-end equipment and personalized training programs, emphasizing health and wellness. Kohli’s ongoing investment in Chisel reflects his dedication to promoting fitness.
  • FC Goa
    Kohli remains a co-owner of FC Goa in the Indian Super League (ISL). His investment supports the team’s growth and visibility, contributing to the development of Indian football. The team has been a strong performer in the league, bolstering Kohli’s involvement in the sport.
  • Sporting Ventures
    Kohli has invested in various sporting ventures, including partnerships with startups focused on youth sports development and training academies. These investments aim to foster talent and encourage participation in sports at the grassroots level.
  • Nourish Organics
    Kohli has invested in Nourish Organics, a startup specializing in organic and healthy food products. The brand focuses on providing nutritious snacks and meals, aligning with Kohli’s commitment to a healthy lifestyle and sustainable eating practices.
  • Hyperice
    Kohli is a notable investor in Hyperice, a company that produces advanced recovery and wellness technology. Hyperice’s products, such as massage guns and compression devices, are designed to aid in athletic recovery, reflecting Kohli’s interest in cutting-edge fitness solutions.

Kohli’s investments span various sectors, from fitness and sports to health-focused startups, showcasing his diverse business interests and commitment to supporting innovative ventures.

Virat Kohli’s Endorsements and Collaborations

Virat Kohli endorsing major brands such as Puma, Adidas, MRF, Oppo, and Audi, highlighting his influential role in advertising and brand partnerships.
Virat Kohli’s high-profile brand endorsements: Puma, Adidas, MRF, Oppo, and Audi, showcasing his influential role in the advertising world.

Puma

  • Deal Value: Kohli signed a deal worth ₹110 crore (approximately $14.8 million) with Puma in 2017.
  • Collaboration: This includes his sportswear brand, One8, which offers a range of products like sneakers, apparel, and accessories.

Myntra

  • Role: Kohli, along with his wife Anushka Sharma, serves as a brand ambassador for this leading online fashion platform.
  • Campaigns: They have been part of several campaigns promoting Myntra’s diverse fashion range.

Audi India

  • Association: Kohli has been the face of Audi India for several years, promoting their luxury cars.
  • Recent Campaigns: He has featured in advertisements for models like the Audi Q8 and Audi A6.

MRF Tyres

  • Long-standing Partnership: Kohli’s association with MRF dates back to his early cricketing days. He uses MRF bats and features prominently in their advertisements.
  • Deal Value: The endorsement deal is reportedly worth ₹100 crore (approximately $13.5 million) over eight years.

Manyavar

  • Ethnic Wear: Kohli endorses Manyavar, a popular ethnic wear brand in India.
  • Campaigns: He has been part of several high-profile campaigns, especially around festive seasons and weddings.

PepsiCo

  • Kohli has collaborated with PepsiCo for various beverage endorsements, including Pepsi and Tropicana. His association with PepsiCo helps to boost the brand’s presence in the Indian market and beyond.

Oppo

  • Kohli is a brand ambassador for Oppo, a major smartphone manufacturer. His endorsement focuses on showcasing Oppo’s latest smartphones and technology, capitalizing on his widespread appeal to drive consumer engagement.

Virat Kohli’s Yearly Income

Virat Kohli is one of the highest-earning athletes globally, with a diverse income portfolio that includes his salary from cricket, endorsements, and business ventures.

Cricket Salary

  • BCCI Contract: Kohli holds a Grade A+ contract with the Board of Control for Cricket in India (BCCI), earning ₹7 crore (approximately $850,000) annually.
  • IPL Salary: As a player for Royal Challengers Bangalore in the Indian Premier League (IPL), he earns ₹15 crore (approximately $1.8 million) per season.

Endorsements

Kohli’s endorsement deals form a significant part of his income. He endorses several high-profile brands, including:

  • Puma: ₹110 crore (approximately $14.8 million) deal, including his sportswear brand One8.
  • Myntra: Brand ambassador along with his wife, Anushka Sharma.
  • Audi India: Promotes luxury cars like the Audi Q8 and Audi A6.
  • MRF Tyres: Long-standing partnership worth ₹100 crore (approximately $13.5 million) over eight years.
  • Manyavar: Endorses this popular ethnic wear brand.

His annual earnings from endorsements are estimated to be around $24 million.

Business Ventures

  • One8: Collaboration with Puma, offering a range of sportswear and lifestyle products.
  • Wrogn: Co-owned fashion brand focusing on contemporary youth fashion.
  • Other Ventures: Investments in fitness centers (Chisel Gyms) and restaurants (Nueva).

Total Annual Income

Combining his cricket salary, endorsements, and business ventures, Kohli’s total annual income is estimated to be around $33 million.(INR 7 crores)

Virat Kohli’s Net Worth

Virat Kohli, one of the most successful and marketable cricketers globally, has an impressive net worth that reflects his achievements both on and off the field.

Estimated Net Worth

As of 2024, Virat Kohli’s net worth is estimated to be around $127 million (INR 1050 crores).

Social Media Influence

Kohli’s massive social media following, with over 250 million followers on Instagram, enhances his marketability and appeal to brands.

Disclaimer

The information provided in this blog about Virat Kohli’s endorsements, collaborations, and financial details is based on publicly available sources and estimates as of 2024. While every effort has been made to ensure the accuracy and reliability of the data, the figures and details mentioned are subject to change and may vary.

The financial amounts listed are approximate and may not reflect the most current agreements or valuations. Readers are advised to consult official sources or recent updates for the most accurate and up-to-date information.

This blog is intended for informational purposes only and does not constitute financial, investment, or professional advice. The views expressed are those of the author and do not necessarily reflect the opinions of the companies or individuals mentioned.

 

STOCK MARKET

list of 10 Best Tyre Companies in India

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India’s automotive industry has seen rapid growth over the past decade, leading to a significant rise in the demand for high-quality Tyre. Whether you’re looking for Tyre for your car, bike, truck, or any other vehicle, choosing the right brand is crucial for safety, performance, and durability.

 Here’s a look at some of the best Tyre companies in India that have made a mark with their exceptional products and services.

1. MRF Limited

Logo of MRF Limited, a leading Indian tyre manufacturing company known for producing a wide range of tyres for vehicles including cars, trucks, and motorcycles.
MRF Limited: Leading the Way in Tyre Manufacturing Excellence in India.

MRF Limited (Madras Rubber Factory) is the largest tyre manufacturer in India and a significant player in the global tyre market. Founded in 1946, MRF has grown from a small toy balloon manufacturing unit to a multinational corporation known for its high-quality and innovative products.

Portfolio

MRF offers a diverse range of products, including:

  • Tyres: For passenger cars, motorcycles, trucks, buses, tractors, and aircraft.
  • Rubber Products: Tubes, flaps, and tread rubber.
  • Other Products: Conveyor belts, paints, coats, and toys.

Financial Performance

MRF has consistently demonstrated strong financial performance. The company reported a revenue of ₹24,674 crore for the fiscal year ending March 2024. MRF’s robust financial health is reflected in its impressive earnings per share (EPS) and a stable net profit margin. The company’s focus on efficiency and cost management has enabled it to maintain a steady growth trajectory.

Global Presence

MRF has a significant global footprint, exporting its products to over 75 countries worldwide. The company’s international presence is bolstered by its reputation for quality and innovation, making it a trusted brand in various markets. MRF’s global strategy includes partnerships and collaborations that enhance its market reach and competitiveness.

Market Share

In the Indian tyre industry, MRF holds a dominant position with a market share of approximately 25% in terms of revenue. The company has a strong presence across all segments of the tyre market, including two-wheelers, passenger cars, trucks, buses, and off-the-road (OTR) tyres. MRF’s leadership in the replacement market, which contributes around 73% of its total revenue, further solidifies its market position.

2. Apollo Tyres

Logo of Apollo Tyres, a renowned Indian multinational tyre manufacturer known for its durable and high-performance tyres for cars, trucks, and buses.
Apollo Tyres: Pioneering Innovation and Durability in the Global Tyre Industry.

Apollo Tyres is a prominent player in the global tyre industry, known for its extensive product portfolio and strong market presence. Founded in 1972 and headquartered in Gurgaon, India, Apollo Tyres has established itself as a leading manufacturer in the automotive sector.

Portfolio

Apollo Tyres offers a diverse range of products, including:

  • Tyres: For passenger cars, motorcycles, trucks, buses, and off-the-road (OTR) vehicles.
  • Specialty Tyres: For industrial and agricultural applications.
  • Retreading Material: For commercial vehicles.

Financial Performance

Apollo Tyres has shown consistent financial growth. For the fiscal year ending March 2024, the company reported a revenue of approximately ₹18,000 crore. The company’s strong financial performance is reflected in its robust earnings and stable profit margins. Apollo Tyres continues to invest in research and development to enhance product quality and innovation.

Global Presence

Apollo Tyres has a significant global footprint, with operations in over 100 countries. The company has manufacturing facilities in India, the Netherlands, and Hungary, which cater to the diverse needs of its global customer base. Apollo Tyres’ strategic expansion into Europe and North America has strengthened its market position and increased its global reach.

Market Share

In the Indian tyre market, Apollo Tyres holds a substantial market share of approximately 30%. The company is also a key player in the European market, with a growing presence in the passenger car radial (PCR) segment. Apollo Tyres’ market share in the truck and bus radial (TBR) segment in India stands at around 28-29%.

3. CEAT Tyres

Logo of CEAT Tyres, a prominent Indian tyre manufacturer known for producing reliable and performance-oriented tyres for cars, motorcycles, and commercial vehicles.
CEAT Tyres: Driving Reliability and Performance Across the Roads.

CEAT Tyres, established in 1958 and headquartered in Mumbai, India, is a leading tyre manufacturer under the RPG Enterprises umbrella. Over the years, CEAT has built a strong reputation for delivering high-quality and durable tyres, catering to a wide range of vehicles.

Portfolio

CEAT Tyres offers a diverse range of products, including:

  • Tyres: For passenger cars, motorcycles, trucks, buses, and off-the-road (OTR) vehicles.
  • Specialty Tyres: For industrial and agricultural applications.
  • Retreading Material: For commercial vehicles.

Financial Performance

CEAT has shown consistent financial growth. For the fiscal year ending March 2024, the company reported a revenue of approximately ₹10,000 crore. CEAT’s strong financial performance is reflected in its robust earnings and stable profit margins. The company continues to invest in research and development to enhance product quality and innovation.

Global Presence

CEAT has a significant global footprint, exporting its products to over 130 countries. The company’s international presence is bolstered by its reputation for quality and innovation, making it a trusted brand in various markets. CEAT’s global strategy includes partnerships and collaborations that enhance its market reach and competitiveness.

Market Share

In the Indian tyre market, CEAT holds a substantial market share of approximately 12%. The company is also a key player in the truck and light truck tyre segments, with a market share of around 20%. CEAT’s market share in the passenger vehicle tyre segment has grown to about 15% in recent years.

4. JK Tyre & Industries

Logo of JK Tyre & Industries, a major Indian tyre manufacturer known for producing high-quality tyres for cars, trucks, and two-wheelers.
JK Tyre & Industries: Excellence in Tyre Innovation and Performance.

JK Tyre & Industries is one of India’s leading tyre manufacturers, known for its pioneering efforts in radial technology. Established in 1974 and headquartered in Delhi, India, JK Tyre has grown to become a significant player in the global tyre market.

Portfolio

JK Tyre offers a diverse range of products, including:

  • Tyres: For passenger cars, motorcycles, trucks, buses, and off-the-road (OTR) vehicles.
  • Specialty Tyres: For industrial and agricultural applications.
  • Retreading Material: For commercial vehicles.

Financial Performance

JK Tyre has shown consistent financial growth. For the fiscal year ending March 2024, the company reported a revenue of approximately ₹15,046 crore. JK Tyre’s strong financial performance is reflected in its robust earnings and stable profit margins. The company continues to invest in research and development to enhance product quality and innovation.

Global Presence

JK Tyre has a significant global footprint, exporting its products to over 100 countries. The company’s international presence is bolstered by its reputation for quality and innovation, making it a trusted brand in various markets. JK Tyre’s global strategy includes partnerships and collaborations that enhance its market reach and competitiveness.

Market Share

In the Indian tyre market, JK Tyre holds a substantial market share, particularly in the truck and bus radial (TBR) segment, where it commands around 28% of the market. The company is also a key player in the passenger car radial (PCR) segment and continues to expand its presence in other tyre categories.

5. Bridgestone India

Bridgestone India, a subsidiary of Bridgestone Corporation, Japan, is a leading tyre manufacturer in the Indian market. Established in 1996, Bridgestone India has rapidly grown to become a significant player in the tyre industry, known for its high-quality products and innovative solutions.

Portfolio

Bridgestone India offers a diverse range of products, including:

  • Tyres: For passenger cars, motorcycles, trucks, buses, and off-the-road (OTR) vehicles.
  • Specialty Tyres: For industrial and agricultural applications.
  • Retreading Solutions: For commercial vehicles.

Financial Performance

Bridgestone India has shown consistent financial growth. For the fiscal year ending March 2023, the company reported a revenue of approximately ₹8,000 crore. Bridgestone’s strong financial performance is reflected in its robust earnings and stable profit margins. The company continues to invest in research and development to enhance product quality and innovation.

Global Presence

Bridgestone Corporation, the parent company, has a significant global footprint, operating in over 150 countries. Bridgestone India’s international presence is bolstered by its reputation for quality and innovation, making it a trusted brand in various markets. The company’s global strategy includes partnerships and collaborations that enhance its market reach and competitiveness.

Market Share

In the Indian tyre market, Bridgestone holds a substantial market share, particularly in the passenger car radial (PCR) segment, where it commands around 25% of the market. The company is also expanding its presence in other tyre categories, aiming to increase its market share further in the coming years.

6. Goodyear India

Goodyear India, a subsidiary of The Goodyear Tire & Rubber Company, USA, is a leading tyre manufacturer in the Indian market. Established in 1961, Goodyear India has built a strong reputation for its high-quality products and innovative solutions.

Portfolio

Goodyear India offers a diverse range of products, including:

  • Tyres: For passenger cars, trucks, buses, and off-the-road (OTR) vehicles.
  • Farm Tyres: A leading player in the original equipment segment for farm tyres.
  • Tubes and Flaps: Complementary products for various types of tyres.

Financial Performance

Goodyear India has shown consistent financial growth. For the fiscal year ending March 2024, the company reported a revenue of ₹3,000 crore. Despite industry challenges, Goodyear India has maintained robust earnings and stable profit margins, benefiting from decreasing raw material prices and efficient cost management.

Global Presence

The Goodyear Tire & Rubber Company, the parent company, operates in over 150 countries. Goodyear India’s international presence is bolstered by its reputation for quality and innovation, making it a trusted brand in various markets. The company’s global strategy includes leveraging its parent company’s extensive network and resources to enhance its market reach and competitiveness.

Market Share

In the Indian tyre market, Goodyear holds a substantial market share, particularly in the farm tyre segment, where it commands over 30% of the market. The company is also expanding its presence in other tyre categories, aiming to increase its market share further in the coming years.

7. Continental Tyres

Continental Tyres, a division of Continental AG, is one of the world’s leading tyre manufacturers. Established in 1871 and headquartered in Hanover, Germany, Continental has a long history of innovation and quality in the automotive industry.

Portfolio

Continental Tyres offers a diverse range of products, including:

  • Tyres: For passenger cars, motorcycles, trucks, buses, and off-the-road (OTR) vehicles.
  • Specialty Tyres: For industrial and agricultural applications.
  • Automotive Components: Including brake systems, powertrain and chassis components, automotive electronics, and safety systems.

Financial Performance

Continental AG’s tyre division generated revenue of approximately $14 billion in 2022, accounting for about one-third of the company’s total revenue. The company’s strong financial performance is reflected in its robust earnings and stable profit margins. Continental continues to invest in research and development to enhance product quality and innovation.

Global Presence

Continental operates in over 150 countries, making it a significant player in the global tyre market. The company’s international presence is bolstered by its reputation for quality and innovation, making it a trusted brand in various markets. Continental’s global strategy includes partnerships and collaborations that enhance its market reach and competitiveness.

Market Share

In the global tyre market, Continental holds a substantial market share, ranking as the fourth-largest tyre manufacturer worldwide. In India, Continental is a relatively new player but is rapidly expanding its footprint, aiming for significant growth in the coming years.

8. TVS Srichakra Ltd

TVS Srichakra Ltd, part of the TVS Group, is a leading tyre manufacturer in India, known for its high-quality products and strong market presence. Established in 1982 and headquartered in Madurai, Tamil Nadu, TVS Srichakra has grown to become a significant player in the tyre industry.

Portfolio

TVS Srichakra offers a diverse range of products, including:

  • Tyres: For two-wheelers, three-wheelers, passenger cars, trucks, buses, and off-the-road (OTR) vehicles.
  • Specialty Tyres: For industrial and agricultural applications.
  • Tubes and Flaps: Complementary products for various types of tyres.

Financial Performance

TVS Srichakra has shown consistent financial growth. For the fiscal year ending March 2024, the company reported a revenue of approximately ₹3,000 crore. Despite industry challenges, TVS Srichakra has maintained robust earnings and stable profit margins, benefiting from efficient cost management and strategic investments in technology.

Global Presence

TVS Srichakra has a growing global footprint, exporting its products to over 70 countries. The company’s international presence is bolstered by its reputation for quality and innovation, making it a trusted brand in various markets. TVS Srichakra’s global strategy includes leveraging its extensive network and resources to enhance its market reach and competitiveness.

Market Share

In the Indian tyre market, TVS Srichakra holds a substantial market share, particularly in the two-wheeler and three-wheeler segments, where it commands a significant portion of the market. The company is also expanding its presence in other tyre categories, aiming to increase its market share further in the coming years.

9. Michelin India

Michelin India, a subsidiary of the global tyre giant Michelin, is a leading player in the Indian tyre market. Established in 2009, Michelin India has rapidly expanded its operations, known for its high-quality products and innovative solutions.

Portfolio

Michelin India offers a diverse range of products, including:

  • Tyres: For passenger cars, motorcycles, trucks, buses, and off-the-road (OTR) vehicles.
  • Specialty Tyres: For industrial and agricultural applications.
  • Automotive Solutions: Including tyre management systems and mobility solutions.

Financial Performance

Michelin India has shown consistent financial growth. For the fiscal year ending March 2024, the company reported strong revenue figures, contributing significantly to Michelin’s global revenue of approximately $14 billion. The company’s robust financial performance is reflected in its stable profit margins and continuous investments in technology and innovation.

Global Presence

Michelin operates in over 150 countries, making it a significant player in the global tyre market. Michelin India’s international presence is bolstered by its reputation for quality and innovation, with its Chennai factory being one of the largest and most advanced globally. The company’s global strategy includes leveraging its extensive network and resources to enhance its market reach and competitiveness.

Market Share

In the global tyre market, Michelin holds a substantial market share, ranking as the largest tyre manufacturer worldwide with around 14.8% of the market. In India, Michelin is rapidly expanding its footprint, aiming for significant growth in the coming years.

10. Pirelli India

Pirelli India, a subsidiary of the global tyre giant Pirelli & C. S.p.A., is a prominent player in the Indian tyre market. Established in 2010, Pirelli India has quickly gained a reputation for its high-performance tyres and innovative solutions.

Portfolio

Pirelli India offers a diverse range of products, including:

  • Tyres: For passenger cars, motorcycles, trucks, and buses.
  • Specialty Tyres: For high-performance and luxury vehicles.
  • Automotive Solutions: Including tyre management systems and mobility solutions.

Financial Performance

Pirelli India has shown consistent financial growth. For the fiscal year ending March 2024, the company reported strong revenue figures, contributing significantly to Pirelli’s global revenue. The company’s robust financial performance is reflected in its stable profit margins and continuous investments in technology and innovation.

Global Presence

Pirelli operates in over 160 countries, making it a significant player in the global tyre market. Pirelli India’s international presence is bolstered by its reputation for quality and innovation, with a strong focus on the premium and high-performance segments. The company’s global strategy includes leveraging its extensive network and resources to enhance its market reach and competitiveness.

Market Share

In the global tyre market, Pirelli holds a substantial market share, particularly in the premium and high-performance segments, where it commands around 30% of the market. In India, Pirelli is rapidly expanding its footprint, aiming for significant growth in the coming years.

Disclaimer:

The information provided in this blog is for general informational purposes only. While we strive to keep the content accurate and up to date, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information contained herein. Readers are advised to conduct their own research and consult with relevant experts or professionals before making any decisions based on the information provided in this blog.