After commissioning tyre manufacturing facility at the Ladysmith in South Africa last week, Apollo Tyres to strengthen its presence will increase its tyre production in the said country. The company has invested about Rs 200 crore in the said facility.
The company already has a tyre manufacturing facility in South Africa in the city of Durban. The company expects production from Durban facility to move from 1,000 tyres to 1,200 tyres per day while, the company is planning increase the tyre production from Ladysmith facility to 13000 tyres from 10,000 tyres per day.
So far Apollo Tyres has invested nearly $85 million towards advancement of machinery and increasing manufacturing efficiencies in both the Dunlop and Ladysmith tyre manufacturing facility since the acquisition of the former Dunlop Tyre facilities in South Africa in 2006.
