India’s Kesoram Industries is likely to sell its Balasore, Orissa plant to Italian
multi-national Pirelli, reports Auto-Asia online (28/11/00).
According to the website, Kesoram – the company behind Birla Tyres –
established the plant in 1989 and has a capacity of 1.1 million tyres per year.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Auto-Asia reports that the plant must be ‘decoupled’ from Kesoram Industries
before the deal with Pirelli – which is Orissa’s technical partner –
can be completed.
