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Govind Rubber to set up tyre, bicycle manufacturing facility at Dahej

03 Oct 2012 Evaluate

Govind Rubber (GRL) is planning to set up a new tyre and bicycle manufacturing facility entailing an investment of Rs 750 crore. The said facility will be located at Dahej in Gujarat and will have a production capacity of 225 tonnes a day.

Besides, the company is planning to increase manufacturing capacity of bicycles at its Ludhiana plant. The company is also anticipating 100% growth in bicycle business.

Govind Rubber is engaged in manufacturing of auto tyres, tubes, bicycles and high-end bicycle tyres.

Peers
Company Name CMP
MRF 125307.00
Apollo Tyres 415.90
JK Tyres & Inds. 359.15
Ceat 3541.50
Balkrishna Inds. 2406.90
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