Apollo Tyres lays foundation stone for 7th factory

9th January 2018 | 0 Comments
 
Apollo Tyres lays foundation stone for 7th factory
Apollo Tyres lays foundation stone for 7th factory

After opening its new European factory last year, Apollo Tyres is now focusing on expanding its manufacturing footprint at home. A ceremony was held today to lay the foundation stone of the tyre maker’s fifth plant in India and seventh facility worldwide. The new factory is located in Chinnapanduru, Andhra Pradesh state, and is expected to enter operation in mid-2020. Apollo Tyres is investing close to Rs 18 billion (£209.4 million) in the first phase of the new plant project.

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Category: Company News, International News