![]() Financial Daily from THE HINDU group of publications Monday, Apr 18, 2005 |
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Corporate
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Performance Apollo's Perambra unit completes 30 years of operations Our Bureau
Kochi , April 17 THE first tyre-manufacturing unit of the Apollo Tyres Ltd (APL) at Perambra in Thrissur district celebrated its 30 years of successful operations.The unit, which was set up on April 13,1975 and started commercial production in March 1977 with an initial capacity of 50 tonne a day, has so far manufactured 16 million tyres, according to an official release here. Today, it is the largest private sector unit in Kerala with a production of Rs 900 crore, Mr Onkar S. Kanwar, Chairman and Managing Director, APL, said on the occasion. The unit currently employs 2,500 people and produces an entire range of tyres for trucks, passenger cars, light commercial vehicles, rear and front tractor tyres as well as farm radial rear tractor tyres, he said. Perambra was the first tyre plant in the country to receive the QS 9000 quality certification, Mr N. Sreekumar, Head, Kerala Factories said. Last year, he said, the unit received the state Environment Award from the Pollution Control Board and the state Productivity Improvement Award from the state Productivity Council, he said. The production has gone up from 50 tonnes a day to nearly 270 tonnes now, he said. "This is a fitting day to begin the next leg of our journey in becoming a technology driven, globally competitive company," Mr Neeraj R.S. Kanwar, Chief Operating Officer said. APL, he said is a Rs 2,300-crorecompany. It has a network of around 4,500 dealerships of which over 3,000 are exclusive outlets under the brand name `Apollo Tyre World', he added.
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