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TVS Srichakra to setup foreign subsidiaries in Indonesia, Vietnam

11 Feb 2019 Evaluate

TVS Srichakra has received an approval for setting up of Foreign Subsidiaries in Indonesia and Vietnam, to cater to the company's business interests. The Board of Directors of the Company at its meeting held on February 09, 2019 has approved the same.

TVS Srichakra is engaged in the business of tyre manufacturing. The company provides a complete range of two- and three-wheeler tyres and tubes catering to the domestic market and industrial pneumatic tyres, farm and implements tyres, skid steer tyres, multipurpose tyres, floatation tyres, etc.

Peers
Company Name CMP
MRF 121856.95
Apollo Tyres 416.50
JK Tyres & Inds. 331.95
Ceat 3289.85
Balkrishna Inds. 2072.55
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