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TVS Srichakra to expand tyre manufacturing capacity at its two plants

03 Feb 2016 Evaluate

TVS Srichakra is all set to expand its tyre manufacturing capacity at two of its plants -- Madurai in Tamil Nadu and Pantnagar in Uttarakhand.

The two and three-wheeler tyre major, which currently churns out 2.3 million units per month across both its plants, is functioning at full capacity and gearing up to ramp up and cater to the growing demand both from the original equipment manufacturers and after-market demand.

TVS Srichakra is a part of TVS Group. It is engaged in the manufacture and sale of two and three wheeler tyres and tubes having a turnover of more than $300 million.

Peers
Company Name CMP
MRF 123227.50
Apollo Tyres 412.50
JK Tyres & Inds. 335.00
Ceat 3238.85
Balkrishna Inds. 2124.60
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