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Apollo Tyres has announced the commission of its seventh manufacturing unit globally. It is also the company's fifth facility in India. The new plant is located in Chinnapanduru village in Chittoor district of Andhra Pradesh, which is spread over 256 acres.
The company will expand the manufacturing facility in a phase-wise manner to increase production in the coming months. It will invest close to Rs 3,800 crores in Phase I of this greenfield facility.
The capacity will be ramped up gradually in the next 12 to 18 months, as the demand increases. The company claims that by 2022 this plant will have a capacity to produce 15,000 passenger car tyres 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.
Most of the company's officials including Chairman, Onkar S Kanwar, Vice Chairman and MD, Neeraj Kanwar, Supervisory Board members along with the entire Senior Management team participated in the opening ceremony over a virtual conference. The first tyre has already been rolled out from the facility.
Onkar S Kanwar, Chairman, Apollo Tyres Limited, said, "This ultra-modern facility is a reflection of our growth aspirations and manufacturing capabilities, showcasing some of the best practices available across the globe in tyre manufacturing. This highly automated plant uses IT-driven systems and robotics and employs young and skilled associates on the shop floor, mostly hired locally."
"This plant mirrors the hopes and aspirations of the new self-reliant India. I would like to take this opportunity to thank the AP Government for all the support that they have extended towards setting up of this facility," he further added.
The company also aims to target the premium OEMs and after-market customers in India, with the new manufacturing facility. It will further help the company's mission of providing world quality products to global markets.
The new facility also adheres to all the required environmental norms. It has been designed to accommodate roof-top solar panels which will be installed in a phased manner. It enabled for optimum usage of natural light on the shop-floor with an eco-friendly power source. It also employs a zero water discharge facility with an in-built effluent treatment plant.
Thoughts About The Apollo Tyres Commissions Seventh Manufacturing Unit In Andhra Pradesh
Apollo Tyres will be expanding its operations on a national and global scale with a brand new facility. Businesses have been affected due to the ongoing Covid-19 facility. However, brands are regaining operational normalcy after the lockdown. The new facility currently spans 216000 square metres, and it employs around 850 people.