Expected to witness a swift recovery in financials during the second half of the fiscal on the basis of a recovery in Indian operations and continued expansion in the European market, Apollo Tyres has reported a 270.5 per cent year-on-year increase in consolidated net profit of Rs.289 crore for the quarter ending 31 March, 2021. It is bullish about a[Read More…]
JK Tyre commissioned a new R&D centre at Mysore. Story by: Bhargav TS With a presence in 100 countries across six continents, JK Tyre & Industries Ltd. has commissioned a new R&D centre at Mysore to address the changing market requirements as well as the change in perception. With 12 production plants, nine of which are in India and the[Read More…]
The way CV tyres are perceived is drastically changing. Story by: Shrinivas Dharmadhikari Clocking an annual revenue of close to Rs.50,000 crores, and contributing three per cent to the country’s GDP, the Indian tyre industry is going through a silent revolution. The way CV tyres are perceived is drastically changing. It is influencing 39 tyre manufacturers in the fray at[Read More…]
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