Apollo has signed a supplementary memorandum of understanding (MoU) with the Tamil Nadu government to scale up its investment in a new plant at Oragadam near Chennai, from Rs1,650 crore to Rs 2,100 crore. The company had initially planned to invest Rs 450 crore in the facility. It has now revised its investment plans so as to roll out 6,000 truck and bus radial tyres and 8,000 passenger car radial tyres per day.
19 Jan 2011 | 1945 Views | By Autocar Pro News Desk
Apollo has signed a supplementary memorandum of understanding (MoU) with the Tamil Nadu government to scale up its investment in a new plant at Oragadam near Chennai, from Rs1,650 crore to Rs 2,100 crore. The company had initially planned to invest Rs 450 crore in the facility. It has now ...
This is an Autocar Pro Plus article. Subscribe to continue reading.