Apollo Tyres to invest 1700 crore in Chennai plant
Apollo Tyres has decided to invest a majority of its Rs.1700 crore planned budget in the Chennai facility. At the Chennai facility, the company plans to increase the capacity of truck and bus radials to 12000 units. According to Gaurav Kumar, Chief Financial Officer of Apollo Tyres, the company expects the Chennai plant to start aligning with the production plans[Read More…]