Rain disrupts production at Apollo Tyres Oragadam plant_Rain disrupts production at Apollo Tyres Oragadam plant

Rain disrupts production at Apollo Tyres Oragadam plant

May 29, 2024

NEW DELHI: Apollo Tyres Ltd today said production work at its plant in Oragadam near Chennai has been stopped.

“As on December 2, 2015, production has been suspended for three shifts. The loss of production due to natural calamity is about 450 tons (approx),” Apollo Tyres at BSEE said in the filing.

The company added that it is fully covered for natural calamities under its insurance policy.

In August last year, the company announced plans to expand its Chennai plant with a capital expenditure of Rs 120 crore.

The plant produces tires for trucks and buses. Under the expansion plan, the production capacity will increase from 8900 start tires per day to 12,000,000 tires per day.

Heavy rains in Chennai disrupted the operations of major IT as well as automobile companies. Yesterday, companies including Kochi Tek, Infosys, TCS, including Hyundai, Ford and Renault temporarily closed their offices and manufacturing plants around the flood-hit city.

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