21 Sep 2023 , 11:31 AM
The manufacture of bias and Off-The-Road (OTR) tyres at Apollo Tyres’ Limda facility in Gujarat has been suspended, the company said on Wednesday. The suspension is the result of worries from shop floor workers regarding the extension of a long-term settlement deal. An amicable conclusion is being discussed, the company stated in a regulatory filing, with labour union officials.
The business added that, even though it is closely watching the situation, it has contingency plans in place to lessen any supply shortages. Apollo Tyres also highlighted that its business operations are currently unaffected materially.
One of Apollo Tyres’ second-largest sites in India is the Limda facility. It contributed to the company’s overall output of 676,915 metric tonnes during the same period by producing 150,359 metric tonnes of tyres.
By the time of going to press, attempts to contact the company by phone and email for comment on the significance of this production halt had yielded no results.
Seven production facilities are run by Apollo Tyres, with five in India and two in Europe.
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