Kanwar: Apollo under pressure from Chinese truck & bus tires

Kochi, India – Apollo Tyres’ truck & bus tire operations are under pressure from cheap Chinese tire imports, according to company chairman Onkar Kanwar.

Imports of low-cost radials for trucks and buses from China are proving to be a challenge for Apollo’s bias products manufactured at its Kerala plants in India, Kanwar said at the company’s AGM in Kochi on 5 July.

Kanwar pointed out that another Indian tire maker had been forced to close a plant for the same reasons, though he did not identify the…

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