It is reported that the Indian tire manufacturer Apollo expects to achieve mid-2012, exports to Europe doubled to 100,000 tires per month.
According to Indian Business News Network (HinduBusinessLine) reported that the new capacity from Apollo's Chennai plant, the plant's production capacity increased from 6 million to 6.5 million tires.
Vice Chairman and General Manager NeerajKanwar Apollo said: "As the production capacity would be enhanced, Apollo Tyres to steady growth in exports in Europe, has now reached 50,000 a month, we have great hope in the first quarter of 2012. number raised to 10 million. "
Kanwar said the fourth quarter of this year, the demand for winter tires is quite strong, we can not only be able to guarantee foreign market sales growth, but also in the third fiscal year and fourth quarter to achieve a higher profit growth.
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