The Hindu Business Line : Ralco Tyres launches new range

THE Rs 300-crore Ludhiana-based Ralson (India) Ltd, and promoter of Ralco Auto Tyres, has announced the launch of its range of scooter, three-wheeler and LCV (light commercial vehicle) tyres in the market and plans to diversify into the jeep, tractor front tyre and ADV (animal-driven vehicle) tyre segments.

The General Manager of Ralco Tyres, Mr G.S. Passi, said, "The company, which has invested about Rs 50 crore in a new plant to make automotive tyres, has drawn up plans to roll out tyres for the new sectors such as jeep, tractor front tyres, and ADV (animal driven vehicle) tyres, having potential for growth. However, we do not see ourselves entering the crowded market of car tyres dominated by the likes of MRF and Ceat."

Addressing a press conference here to announce the launch of its new range of tyres for the two-wheeler segment, Mr Passi said the company had recently tied up with original equipment manufacturers like Hero Motors. This would ensure a steady demand for the two-wheeler range in the market. Recently, the company started exporting to Ivory Coast, Nigeria and Bahrain. The company has set up a manufacturing base for two-wheeler tyres with an installed capacity of one-lakh tyres and tubes a month. It can be ramped up to 1.5 lakh a month to meet the demand from new segments. These tyres have been tested and approved for quality by the Central Institute of Road Transport, Pune, he said.

More Stories on : New Products & Services | Tyres

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Katra Liquor offers insurance cover to shop boys

Surya Vinayak plans foray into healthcare segment

LG Care mulls sachet route to stay ahead in FMCG market

Trigger to go in for capacity expansion

Idea Cellular to catch them young in Delhi

Samsung introduces India-specific packs for storage media devices

Kaya Skin Clinic to expand to South

Marks and Spencer is UK's top retail brand

Landline talk: J&K, Bihar take the honours

Central fund to brand jewellery for exports

Ralco Tyres launches new range

Blood glucose monitor launched in AP