News from Notch Consulting, Inc.

December 21, 2012

Birla Tyres idles Indian tire plant due to weak demand for four-wheeler tires

Filed under: Tires — Notch @ 3:07 am

European Rubber Journal reports that Birla Tyres, a unit of the BK Birla Group company Kesoram Industries, has idled its plant in Odisha temporarily for about about two weeks due to poor market conditions, a company official told the Indo Asian News Service (IANS). The factory at Balasore will remain closed until December 31 because of excess stocks of four-wheeler tires.

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