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tyre retreading plant
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There is substantial savings in retreading mining tyres. However mining is going through a difficult time in India. There is uncertainty with licensing, so most of our customers are not making new investments in equipment. Demand has fallen substantially.We have a specialised tread rubber plant which starts production this month in Mangalore. We also expect to start one more retreading plant in Gujarat this year. Tyresoles is expanding its geographical reach and we expect to add another 6-8 retreading plant in the next three years to cover all of India.
