Apollo Tyres to invest USD236 million at Chennai plant in India, announces resignation of CFO
TBR production capacity at Chennai plant expected to reach 100% next month, necessitating expansion
Apollo Tyres is mulling investing INR15 billion (USD235.7 million) in its Chennai plant in Tamil Nadu (India) to expand daily truck-bus radial (TBR) tires production capacity from 6,000 units currently to 9,000 units, reports Business Standard.
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