Gujarat Chief Minister Narendra Modi inaugurated Apollo Tyres Limited’s new production lines in passenger and truck-bus radial tyres and manufacturing facility for extra-large off-the-road (OTR) tyres at its Limda plant in Gujarat.
The company has spent Rs 200 crore at Limda for starting the OTR facility where ultra large tyres weighing more than a 1,000 kg and over eight feet in height, are produced. “This facility has come up as part of the tripartite agreement that we had signed with Bharat Earth Movers Ltd (BEML) and Coal India,” added managing director Neeraj RS Kanwar. BEML along with Coal India, are the largest users of OTR tyres in the country. “We are producing these ultra large OTR tyres through a public-private partnership with BEML, which is Asia’s largest manufacturer of earth moving vehicles.”
“Our investment at Limda plant was set up in 1991. It has crossed Rs 2,000 crore investment with this new facility,” chairman of Apollo Tyres Limited Onkar S Kanwar told mediapersons. The Limda plant is Apollo’s flagship and largest unit, where the company recently enhanced its passenger radial production capacity from 90,000 tyres a month to 4.50 lakh tyres.