Hyderabad, India based retreader Fortune Tires is moving-ahead with an expansion project involving the opening of a new retreading plant to cater to the mining sector in the East Indian state of Odisha.
Fortune Looks for Expansion in Mining Sector
“We are hiking our mining tyre capacity by starting a new site in the mining region of Jharsuguda,” informed Vijaypal Reddy, Managing Director, Fortune Tires. The dedicated site, which was scheduled to open at the end of February, will have the capacity to produce 450 tyres per month.
The Telangana based company says it is expanding in Jharsug...
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