Marangoni’s Ringtread retreading process doesn’t yet have a sizeable footprint within India’s large commercial vehicle sector, but it is growing. The Marangoni GRP Private Limited (MGPL) joint venture that was established in late 2015 recently took on its fourth franchise partner in India. Marangoni says it is also progressing with plans to add a further four franchise partners.
Since late 2015, the Marangoni Ringtread process has been represented in India by Marangoni GRP, a joint venture between the Marangoni Group and India rubber recycler GRP. The joint venture operation has now begun the rollout of a network of franchised retreaders within the country – the first, Autobahn Retreading, has opened its doors in the city of Kochi (Cochin). The Autobahn Retreading plant was officially inaugurated by Giuseppe Marangoni, vice-president of the Marangoni Group, together with GRP’s chief executive officer, Harsh Gandhi.
Marangoni S.p.A. has provided additional details about the recently-announced commercial vehicle tyre retreading joint venture it has commenced with Indian rubber recycling company GRP Ltd. According to the Italian retreading specialist, the aim of the joint venture is to “establish a pan-Indian network of tyre retreaders able to spread the quality of the Marangoni system to commercial vehicle fleets.”
Indian reclaimed rubber producer GRP Ltd has announced its entry into a joint venture agreement with Marangoni S.p.A. The two partners will contribute a total of Rs 20,000,000 (£198,000) to the project; GRP says it will draw upon the Italian retreading specialist’s technical knowledge in order to commence the retreading of pre-cure retreading of commercial vehicle radials within India, and the company also expects the joint venture will strengthen its raw material collection network.