Apollo to expand radial production in India - says paper got facts wrong

Mumbai - Apollo Tyres is expanding its capacity for radial tyres in India, while simultaneously transferring some production to its plants in South Africa. The company issued a statement strongly refuting claims made by an Indian newspaper that it is to stop making radial tyres in India.

In a letter sent to the Business Standard, the company states unambiguously and in bold type, "There is no plan to stop making radials in India, rather we are increasing capacity. The specific fact that we discussed was the possible sourcing of low volume products from our South African facilities, so that our plant in Baroda can produce more of the high volume sizes."

Furthermore, the company corrects the capacity data given by the newspaper. The Business Standard suggests that Apollo has capacity for 200 radial tyres per month. The figure is closer to 200 000, rising to 300 000 in the near future. Apollo said, "We are currently manufacturing more than 7000 radials per day, with plans to increase to 10 000 radials per day very shortly."

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original article from Business Standard (India) Please note that Apollo has publicly said that this article contains serious errors of fact - notably in the headline