1. Apollo Tyres Invests to Double Truck & Bus Tire Production Capacity

    Apollo Tyres Invests to Double Truck & Bus Tire Production Capacity

    India: Leading global tire manufacturer Apollo Tyres Ltd. is all set to double its manufacturing capacity for truck and bus radial tires in their plant located in Chennai. The expected investment for this expansion is USD448 million approximately.

    The strategic move of Apollo Tyres for expansion of its production capacity is a result of challenges posed by Chinese tires which are available at comparatively lower price and account for a strong market share in the Indian truck & bus tire market.

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