Gustav Wolf add capacity, make bead wire at Indian steelcord JV

Ranchi, India - Gustav Wolf and India’s Usha Martin India are to begin making beads and beadwire at their steelcord Joint venture in Ranchi. Steelcord capacity will also be increased by 50 percent.

In a press release, the two companies said A 30 000 tpa capacity tyre bead manufacturing facility will be set up at Ranchi in two phases at an estimated investment of Rs 400 million (€6.9 million). The first phase of 15 kt/year is expected to be on stream in 12 – 18…

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