Rs.58100 Million Tyre Manufacturing Plant Expansion Project in Andhra Pradesh
A tyre manufacturer has approved a major capacity expansion at its Andhra Pradesh facility with an investment of ₹5,810 crore to be completed by FY 2029. The project will add about 3.7 million passenger car radial tyres and 1.3 million truck and bus radial tyres annually, supporting strong demand, expanding manufacturing capacity, and reinforcing market presence through internally generated funds and debt financing.
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