TVS Srichakra to invest $140m to increase tire manufacturing capacity
TVS Srichakra, an Indian tires and tubes company, revealed plans to invest INR10 billion ($140 million) to boost its manufacturing at its Madurai and Pantnagar plants. The investment will be made over a three-year period. When fully made, the investment will give TVS Srichakra an increase of 25-30% in two and three wheeler tire capacity, […]