• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Tire Market Forecasts
  • Features
    • Goodyear to buy Cooper – special supplement
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Tyres & Accessories Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Tyre Tests
  • Search
  • Menu
You are here: Home1 / News2 / Product News3 / Four Falcon Board Members Quit

Four Falcon Board Members Quit

Date: 6th December 2005 Author: Tyrepress Editors Comments: 0

Four Falcon Tyre board members have resigned, only days after the company was bought by the Ruia group. The company informed Bombay Stock Exchange that Vidya Manohar Chhabria, Komal C Wazir, Mohan M Thakur and Deepak Chaudhuri (the former executive director) had all resigned. The resignations took effect on 1 December, it emerged.

The same 2 billion rupee transaction also saw the group purchase Dunlop India and India Tyre. The Ruia Group is now said to be considering the expansion of the company’s truck tyre manufacturing capacities at both its Sahagunj and Ambattur sites, India’s Business Line has reported. According to reports the group chairman, PK Ruia, said that Dunlop had a total capacity of producing close to 75,000 truck tyres a month at both the facilities.

Of the two, Ambattur has the larger capacity of 40,000 tyres a month. This is against a total market size of over 900,000 tyres a month, 70 per cent of which is provided by three players, the Business Line added.

This means Ambattur has the potential to become an original equipment hub for the company due to its proximity to the commercial vehicle manufacturing sector in south India. “Together, Falcon and Ambattur are equipped to cater to almost the entire demand for tyres, except the demand for car tyres in south India,” Business Line quoted Ruia as saying.

Related news:

  1. New Dunlop India Owner Angles for Sumitomo Alliance
  2. Ruia Group Acquires Dunlop India and Falcon Tyres
  3. Dunlop India Ambattur Plant Starts Production
  4. Dunlop Looks to BEML for Heavy Tyres Deal
Comments

Leave a Reply Cancel reply

Connect with:
Facebook Google Twitter

Your email address will not be published. Required fields are marked *

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on LinkedIn
  • Share on Reddit
  • Per E-Mail teilen

Advert Location 348

Related Tags

capacity, Dunlop, India, Manufacturing, purchase, truck tyres

Advert Location 28

Top five articles this week

Advert Location 29

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Amcast Files Second Chapter 11 QuickSilver Exhaust for Bentley Continental GT
Scroll to top