Additional investment in off-highway tyre plant at Vizag
Japanese tyre manufacturer has recently announced an additional investment of USD 171 million into its upcoming off-highway tyre plant at Visakhapatnam in Andhra Pradesh. The expansion is likely to double the production capacity from the initial target of 137 tonne to 257 tonne. The initial plan is underway targeting 137 tonne production at an investment of USD 165 million.
Location: Visakhapatnam Andhra Pradesh
Estimated Value (Rs. Cr): 17.1
Sector: Tyres
Project Stage: Under Implementation
Note: The above-mentioned project / tender / contract information is taken from ProjectX India | 15th August 2021 edition. To get full access with contact details, you can buy this issue by clicking here…
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