Low-cost Chinese tire imports affecting Apollo Tyres' truck and bus tire business, says chairman
To counterbalance the impact, company expanding its product portfolio to include segments such as agriculture and mining
Imports of low-cost Chinese truck and bus radial (TBR) tires in India is putting pressure on Apollo Tyre’s TBR tire business, Onkar S Kanwar, chairman and CEO of Apollo Tyres, indicated at the company’s annual general meeting in Kochi (India) recently, reports Rubber News.
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