Apollo Tyres Ltd announced commissioning of its manufacturing plant in Chittoor district of Andhra Pradesh and said it will invest around Rs 3800 crore in building phase one of the factory in the next year and half. This is the fifth manufacturing capacity of the company in India and the seventh in the world. The deployment of state-of-the-art manufacturing technologies at the facility will enable the company to target premium original equipment manufacturers and after-market customers in India, as per reports. According to Onkar S Kanwar, chairman, Apollo Tyres, the facility reflects the company’s growth aspirations and manufacturing capabilities, showcasing some of the best practices available across the globe in tyre manufacturing. “This highly automated plant uses information technology driven systems and robotics, and employs young and skilled associates on the shopfloor, mostly hired locally. This plant mirrors the hopes and aspirations of the new self-reliant India,” reportedly conveyed Kanwar.
“As the demand improves, by 2022, this plant will have a capacity to produce 15,000 passenger car tyre and 3,000 truck-bus radials per day. With a modular layout, the capacity at this facility can be replicated with minimal engineering efforts and with economies on investments,” added reports. The plant has been set-up using 35,000 tonnes of steel, and around 1.23 lakh cubic metre of concrete, with 12 million man hours of construction work. Currently, the built-up area of this facility is 2,16,000 square metres, and it employs around 850 people. Apollo Tyres already has manufacturing plants in Hungary and Netherlands, two facilities in Kerala and one each in Gujarat and Tamil Nadu.