Apollo Tyres Tammy Nadu and India recently signed a Memorandum of Understanding Government supplemental agreement, plans to plant in the state Oragadam investment increased from 165 billion rupees to 210 billion rupees (about 4.6 billion U.S. dollars).

    Tammy Nadu government said India, Apollo Tyres to increase capital investment, Oragadam plant will Nissan 6000 truck and bus radial tires and 8000 passenger car radial tires.

    Tammy Nadu Government and Industry Secretary RajeevRanjan Apollo project leader K. Prabhakar supplementary agreement signed a memorandum of understanding, Indian Deputy Prime Minister MKStalin attended the signing ceremony.

    Under the memorandum of understanding signed by the Supplemental Agreement, Tammy Nadu Government will give more preferential policies of Apollo. In addition, the Apollo plant initially prepared to invest 4.5 billion rupees Oragadam.