Posts Tagged ‘manufacturing’
Apollo Tyres opens Rs 200 crore OTR facility in Limda Gujarat
Apollo Tyres Limited on Sunday launched their new production lines in passenger and truck-bus radial tyres and opened a manufacturing facility for extra-large off-the-road (OTR) tyres at its Limda plant here. Chief Minister Narendra Modi inaugurated the works.
“Our investment at Limda plant, that was set up in 1991, has crossed Rs 2,000 crore investment with this new facility,” chairman of Apollo Tyres Limited Onkar S Kanwar told mediapersons. The Limda plant is Apollo’s flagship and largest unit, where the company recently enhanced its passenger radial production capacity from 90,000 tyres a month to 4.50 lakh tyres. More »
Hyundai may set up plant in Gujarat
Auto major Hyundai has said the company does not rule out the possibility of setting up a manufacturing facility in Gujarat in the
future. Hyundai Motor India Limited (HMIL) managing director H S Lheem said here on Tuesday that the company was invited by the Gujarat government to set up a manufacturing facility in the state.
“We don’t have any immediate plans. But, we will surely consider Gujarat whenever we have a future plan in place,” said Lheem, who was impressed by the state’s support to Tata Motor’s Nano project. He was in the city to inaugurate a new dealership Aldiam Hyundai’ in Makarpura.
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