By Oliver Hall
Apollo have launched their new production lines in passenger and truck/bus tyres today.
The Indian company also opened a manufacturing facility for off-the-road (OTR) tyres at its Limda plant.
Onkar S Kanwar, chairman of Apollo, said: “Our investment at Limda plant, that was set up in 1991, has crossed Rs 2,000 crore investment with this new facility.
The Limda plant is Apollo’s flagship and largest unit, where the company recently enhanced its
passenger tyre production capacity.
Neeraj RS Kanwar, managing director of Apollo, added: “This facility has come up as part of the tripartite agreement that we had signed with Bharat Earth Movers Ltd (BEML) and Coal India.”
BEML along with Coal India, are the largest users of OTR tyres in the country. “We are producing these ultra large OTR tyres through a public-private partnership with BEML, which is Asia’s largest manufacturer of earth moving vehicles.”
Talking about their upcoming greenfield facility at Chennai, the company officials added that the facility will go on stream in December.
The Chennai facility will help Apollo produce 8,000 passenger and 6,000 truck tyres per day. At Limda, the company has production capacity of 20,000 passenger radials per day whereas the pilot project for truck radials has capacity of only 400 tyres per day.