Andhra Pradesh Chief Minister YS Jagan Mohan Reddy launched the production of ATC Tires Private Limited’s unit at the APSEZ in Achutapuram of Anakapalli district on Tuesday.
He also took part in the ground-breaking ceremony of several industries.
ATC Tyres, belonging to Yokohama Group of Japan, invested Rs 2,200 crore and prepared for production, providing employment for nearly 2,000 people.
The company has a history of more than 100 years and spread over 120 nations in six continents. In India, the company already has manufacturing plants at Tirunelveli of Tamil Nadu and one in Gujarat.
