Eastern Treads, a member of Rs 600-crore Eastern group, has received an approval to purchase land and building at Vannappuram, Thodupuzha, Idukki for the expansion of the company. The board of director at its meeting held on August 13, 2013 has approved for the same. The board has also approved the Capital Expenditures and Related Party Transaction.
Eastern Treads is engaged in the manufacturing of quality pre-cured tread, cushion/bonding, gum and black vulcanizing cement.