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Marangoni expands in North India

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Marangoni

Marangoni Group started its Franchising operations in India in mid-2018. Recently, the company established its first exclusive franchisee in North India. Manoj Tyres, an existing retreader at Kanpur, operates in one of the largest tyre markets in India in Uttar Pradesh (UP). Manoj tyres was sourcing retreading material from two leading Indian retreading companies before switching exclusively to Marangoni India. One result of the partnership is that a new greenfield facility has been commissioned with new equipment, including Marangoni’s RingTreader RT920.

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  1. Marangoni opens 4th Ringtread franchise in India – 4 more on the way
  2. INMETRO certification for Marangoni’s RingTread, Unitread plant
  3. Marangoni celebrates 20 years in Brazil
  4. Marangoni acquires Indian JV share for 710,000 euros
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Apollo Tyres’ Chennai Plant receives the Deming Prize

Apollo Tyres

Apollo Tyres’ Chennai Plant was recently awarded the Deming Prize, one of the highest awards relating to Total Quality Management (TQM). C Thomas Mathew, Unit Head, Chennai Plant, Apollo Tyres Ltd received the award from the Deming Prize Committee in Tokyo, Japan on Monday, 14 November.

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  1. Apollo Tyres one of ‘best workplaces in manufacturing’
  2. Apollo Tyres Bestows Manufacturer Awards
  3. Apollo Tyres Co-Hosts First Indian CV Awards
  4. Apollo Recipient of India Manufacturing Excellence Awards
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European operations lead the way as Apollo Tyres reports 16% increase in profitability

Apollo Tyres

At the end of the second quarter ended 30 September 2022, Apollo Tyres Ltd reported double-digit increases in sales and profitability that point to even great performance in the first-half of the company’s current financial year. And the data shows that company’s European operations are at the forefront of leading the company’s strong performance.

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  1. Stirred up for growth – Apollo Vredestein prepares for a greater European presence with new tandem mixer
  2. Apollo Europe profits fall sharply in Q2
  3. No European Plant for Apollo, Vredestein Plant Gets Nod
  4. Apollo aims for leadership in Indian two-wheel tyre market, Europe next
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Indian tyre makers investing to boost local rubber production

According to Dr Sawar Dhanania, chairman of the Government of India’s Rubber Board, natural rubber production within the country “will not be sufficient to meet the consumer industry’s demands” in coming years. He thus sees an “urgent need” to increase the area under rubber cultivation, something that tyre makers are helping to achieve via the NE-MITRA project.

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  1. India’s tyre makers meet government to talk rubber prices
  2. India’s competition body shares news of tyre maker cartel
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Reddy named Apollo Tyres’ APMEA head of supply chain

Apollo Tyres has appointed Rajasekhara Reddy as Group Head, Supply Chain for its Asia Pacific, Middle East & Africa (APMEA) region. In his new role, Reddy leads the regional SCM team and takes responsibility for providing leadership and direction to the regional SCM function.

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  1. Apollo Tyres aiming for “dominance” in India’s TBR segment
  2. Apollo Tyres becomes an Indian Super League official partner
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  4. JD Power survey confirms Apollo Tyres’ strength in India’s small car segment
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Maxxis, Bridgestone investing in India

According to local media sources, both Bridgestone and Maxxis plan to ramp up their activities in India. Maxxis Group intends to invest a further US$100 million over the next five years to capture a 15 per cent stake in the two-wheeler tyre market, while Bridgestone Corporation is looking to increase its production capacity for car tyres by ten per cent next year to meet rising demand from both OEM and aftermarket customers.

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  1. Bridgestone investing $304 million to expand plants in India
  2. New warehouse, increased capacity at Bridgestone’s Hungary tyre plant
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India: Review recommends China TBR duties for 3 more years

India’s anti-dumping duties on Chinese-made TBR tyres are scheduled to expire this month, but tyre association ATMA requested a review of these on behalf of Apollo Tyres, JK Tyre & Industries and MRF. The Directorate General of Trade Remedies published the results of this Sunset Review on 16 September, recommending the government continue charging duties for a further three years.

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  1. It’s “high time” for anti-dumping duties, says JK Tyre & Industries’ Singhania
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India: Apollo launches enduro range for premium motorcycles

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Strong demand for its two-wheeler tyres in India prompted Apollo Tyres to delay the rollout of its Vredestein motorcycle tyre range for Europe. But with a stated strategic focus upon the “premium motorcycling space” and market share for such products exceeding 20 per cent in India, it is highly feasible that Apollo will revisit its European plans at a later date. The company’s latest premium domestic products give us an idea of what we can expect.

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  1. Apollo aims for leadership in Indian two-wheel tyre market, Europe next
  2. India first: Vredestein pauses motorcycle tyre sales in Europe
  3. Vredestein: Made in India, for India
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Dipankar Ghosh joins Apollo Tyres as Group Head, HR

Dipankar Ghosh has joined Apollo Tyres as Group Head, Human Resources (HR) for the Asia Pacific, Middle East & Africa (APMEA) region. Dipankar has joined in a regional senior leadership role at Apollo Tyres and will be leading the regional HR team. Ghosh comes with 25 years of diverse experience in leading FMCG, Automobile and Service Industries, in the domain of HR Business Partnering, Strategic Human Resource Initiatives, Talent Assurance, Policy Making and Employee Relations.

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  1. New Apollo Factory to Reach Peak Capacity by Mid-2010
  2. No European Plant for Apollo, Vredestein Plant Gets Nod
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Apollo Tyres: Tech-driven capacity growth

Capacities at Apollo Tyres Ltd.’s production facilities in Europe were 88 per cent utilised between March and June 2022. The utilisation figure for the tyre maker’s plants in India was around 85 per cent, reports chief financial officer Gaurav Kumar. This gives the company little leeway for further growth in volumes, but Apollo Tyres believes it can address this issue without resorting to a greenfield or brownfield capacity expansion project.

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  1. Apollo Tyres opens €475 million greenfield Hungarian plant
  2. Cutting ‘bad’ costs, working smarter – Apollo MD Neeraj Kanwar answers T&A’s questions
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Reduced lead times: YOHT’s newest plant

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As reported on Tuesday, Yokohama Off-Highway Tires (YOHT) has opened its third factory in India. Yokohama Rubber has shared some additional details about the new plant in Visakhapatnam, Andhra Pradesh, which alongside existing facilities in Dahej, Gujarat and Tirunelveli, Tamil Nadu will produce YOHT’s core Alliance, Galaxy and Primex off-highway tyre brands.

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  1. YOHT opens 3rd plant in India
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YOHT opens 3rd plant in India

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During a ceremony held today and attended by local and regional officials, Yokohama Off Highway Tires (YOHT) inaugurated its newest factory in India and broke ground on the second stage of work at the site. Located in Visakhapatnam, Andhra Pradesh state, the new plant is YOHT’s third in the country.

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  1. $171m investment: Capacity at Yokohama OHT’s new plant to double
  2. Yokohama rebrands ATG business
  3. Tyre production on the rise at ATG’s third factory
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BKT looking to further increase capacity

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With capacity expansion projects now completed and being ramped up, BKT anticipates achieving a total capacity of 360,000 tonnes per annum by the end of March 2023. But further growth is necessary if the company is to keep pace with demand for its off-highway tyres. During a conference call with investors on 5 August, the tyre maker confirmed that plans are already “on the drawing board” for additional expansion beyond the current projects.

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  1. $171m investment: Capacity at Yokohama OHT’s new plant to double
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Apollo launches first EV-specific tyres

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With Apollo Tyres launching a new Vredestein tyre specifically developed for electric vehicles (EVs) later this year, the debut of the tyre maker’s first EV-specific products in India is particularly interesting. Yesterday, Apollo introduced new ranges for cars and two-wheelers.

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  1. Apollo launches Amazer XP for India’s growing eco segment
  2. India: Apollo Tyres enters LCV cross-ply market
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Anaj Kathuria to lead JK Tyre’s India business

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JK Tyre & Industries Limited has appointed Anuj Kathuria to the role of President (India). Based in Delhi, Mr Kathuria reports to Dr Raghupati Singhania, the company’s chairman and managing director, and managing director Anshuman Singhania.

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  1. Anshuman Singhania appointed MD of JK Tyre
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