RPG Group exploring possibility to set up greenfield tyre plant in MP
Benchmarks Nifty22,997.35374.65FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.52 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.82 % Invest NowEnter search…

RPG Group is exploring the establishment of a greenfield tyre plant in Madhya Pradesh for expansion. Chairman Harsh Goenka mentioned that they already have a facility in Jabalpur, which they aim to augment. A meeting with Chief Minister Mohan Yadav was held to discuss this potential new project. Details about the capacity and investment for the proposed facility are still being worked on.
Listen to this article in summarized format
Loading...×Mumbai: RPG Group is exploring the possibility of setting up a greenfield tyre plant in Madhya Pradesh, its chairman Harsh Goenka said on Thursday.The group, which has a manufacturing plant in Jabalpur (MP), is looking at fresh investments in its engineering, procurement and construction (EPC) business, Goenka said.
Also Read: CEAT expands Chennai plant to boost premium tyre production for India, global markets
"We are looking at a fresh investment; we already have a plant there in Jabalpur. So we want to expand. And we are looking at a tyre plant possibility over there," Goenka told PTI here.
Earlier, he called on Madhya Pradesh Chief Minister Mohan Yadav to discuss the group's expansion plans in the state.
Live Events
Also Read: Yokohama India unveils Geolandar X-CV tyre for SUVs with 20% higher wet grip, 10% longer life
When asked about the details such as capacity and investment in the proposed greenfield tyre facility, Goenka said that "we are working on that. Nothing is decided."
Add as a Reliable and Trusted News Source Add Now!
(You can now subscribe to our Economic Times WhatsApp channel)
Read More News onRPG Groupgreenfield tyre plantMadhya PradeshHarsh Goenkamanufacturing plant JabalpurinvestmentEPC businessMohan Yadavtyre facility capacityexpansion plans
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
...moreless(You can now subscribe to our Economic Times WhatsApp channel)
Read More News onRPG Groupgreenfield tyre plantMadhya PradeshHarsh Goenkamanufacturing plant JabalpurinvestmentEPC businessMohan Yadavtyre facility capacityexpansion plans
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
...morelessStories you might be interested in
Figures reflect the source report and its stated period. This article is for information and is not investment advice.



