Project Work Commenced Tyres / Rubber Private Sector

Rs.6790 Million Tire Mfg. Expansion Project in Visakhapatnam, Andhra Pradesh

Investment
From 5000 Million to 49999 Million
Stage
Project Work Commenced
Location
Visakhapatnam, Andhra Pradesh
Last updated
01 Nov 2023

Project summary

A tire manufacturing project is slated for the De-Notified area of APSEZ, Atchuthapuram, Visakhapatnam, Andhra Pradesh. The venture will produce Off the Road Tires (OTR)/Off-highway Tires (OHT), Solid Tires, and Radial OTR (ROTR) with a capacity of 135 TPD, at an estimated cost of Rs. 7987.3 million. The project received environmental consent in November 2020 and is set for a Rs. 6790 million expansion, approved by the State Investment Promotion Board as of November 2023.

Project details

SegmentTyres / Rubber
IndustryAutomotive Industries
Products & capacityTire
DistrictVisakhapatnam
StateAndhra Pradesh
InvestmentFrom 5000 Million to 49999 Million
Project typeExpansion
OwnershipPrivate Sector
StageProject Work Commenced
Last updated01 Nov 2023
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