New Delhi – Indian tire-maker TVS Srichakra is planning to invest Rs 160 crore (€22 million) to increase production at its two production plants in India, according to news reports.
The two- and three-wheeler tire-maker aims to increase the two facilities’ output to 2.5 units per month, up from the current 2.3 million, said Indian newspaper The Business Line on 13 May.
The company's plants are located in Madurai in Tamil Nadu and Rudrapur in Uttarakhand, India.
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
Unlimited access to ERJ articles online
Daily email newsletter – the latest news direct to your inbox
