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HildaChurchill
Heavy Industry Helper: Supporting and highlighting developments, designs, and technology within the heavy industry sector.
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HildaChurchill
Release Time:2024-05-29
Chinese imports clouding ‘Make in India’ drive: Apollo Tyres
Chennai: A senior official of Apollo Tyres today expressed alarm over the rise in imports of Chinese tires, saying it was jeopardizing the center’s ‘Make in India’ activities. Apollo Asia Pacific, Middle East and Africa president satish “In the beginning, Chinese products did not have much of an impact on the lunch line of trucks and buses, but last year Chinese imports increased by 70% and this year by 40%.” Tire satish Sharma told reporters here. He gave statistics, “The bus midday tire industry sells about 400,000 tires per month. We (Apollo Tyres) sell about 100,000 tires per month. China Tire sells 150,000 tires a month. “I am selling,” he said. Sharma, who is also the vice-president of the Automotive Tire Manufacturers Association (ATMA), which represents the tire industry, said he has complained to the government. He said, “After two years of concern and negotiations with the government, they (government) accepted...
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