Kanwar: Apollo under pressure from Chinese truck & bus tires
Date:2017/07/10 Author: - From: European Rubber Journal
Kochi, India – Apollo Tyres’ truck & bus tire operations are under pressure from cheap Chinese tire imports, according to company chairman Onkar Kanwar.
Imports of low-cost radials for trucks and buses from China are proving to be a challenge for Apollo’s bias products manufactured at its Kerala plants in India, Kanwar said at the company’s AGM in Kochi on 5 July.
Kanwar pointed out that another Indian tire maker had been forced to close a plant for the same reasons, though he did not identify the… [Read More]