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Tyre makers staring at lower revenue as Chinese imports soar

  9
 May 29, 2024

NEW DELHI: Gurgaon-based Apolloolo Tires today announced that it will be investing Rs. 52.5.5 crore to set up a state-of-the-art manufacturing facility in Andhra Pradesh.

The proposed manufacturing plant will be Apollo Tires India’s fifth plant. The company has two plants in Kerala and one in Tamil Nadu and Gujarat.

Onkarr S Kanwar, Chairman of Apollo Tyres The groundbreaking ceremony for the new plant will be held in January.

Onkarr S Kanwar, Chairman, Apollo Tyres The foundation stone laying ceremony for the new plant will be held in January. Blood.

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