Tyre maker TVS Srichakra Ltd on Tuesday announced a Rs 1,000 crore investment over a period of three years to ramp up its manufacturing capacity. The capital expenditure of Rs 1,000 crore will be used to ramp up manufacturing at its Madurai and Pantnagar plants, the company said in a statement "This investment is planned to be made over a three-year period. The investment, when fully made, will result in an increase in two and three-wheeler tyre capacity by 25-30 per cent and doubling of off-highway tyre capacity from current levels," it added. TVS Srichakra has manufacturing facilities at Madurai in Tamil Nadu and Pantnagar in Uttarakhand with a production capacity of over 3 million tyres a month. Commenting on the planned investment, TVS Srichakra Limited Director S Ravichandran, said, With a wide distribution network in India, growing international presence and building state-of-the-art capabilities in R&D and product development, we are further strengthening our manufacturing .
Prime Minister Narendra Modi inaugurated the construction work of Agra Metro Project via video conferencing today. Stay tuned for Latest LIVE news updates.
The Tamil Nadu government has asked the Centre to provide a financial assistance of Rs 3,758 crore for relief and restoration work in the cyclone 'Nivar'-ravaged districts of the state
Cyclone Burevi LIVE updates: The IMD has issued a red alert for south Tamil Nadu and south Kerala. Stay with us for all the latest updates
The iconic actor said the exact date of the launch will be announced on December 31
Heavy to extremely heavy rain (over 204 mm) is forecast in Tamil Nadu and Kerala till December 5. Stay with us for all the latest updates
Cyclone Burevi has weakened into a deep depression and will cross the Tamil Nadu coast on the morning of December 4, the India Meteorological Department (IMD) said on Thursday.
Normal life was disrupted in Puducherry on Thursday as torrential downpour influenced by cyclone 'Burevi' pounded several parts of the union territory
The arrest relates to social media posts with alleged objectionable comments and threats of sexual violence against judiciary officials and their family members.
The interim plea by Vedanta was opposed by Tamil Nadu government which claimed before a bench that the plant had been polluting consistently.
Prime Minister Narendra Modi held a telephonic conversation with Chief Ministers of Kerala and Tamil Nadu Pinarayi Vijayan and Edappadi Karuppa Palaniswami respectively, ahead of Cyclone Burevi.
Cyclonic Storm 'Burevi' is most likely to emerge into the Gulf of Mannar in the morning of December 3, and cross south Tamil Nadu between Kanyakumari and Pamban on the early morning of December 4
Burevi is unlikely to be as intense as Nivar, IMD director general Mrutunjay Mohapatra said
The pressure is likely to concentrate into depression, moving westwards, and reach south Tamil Nadu coast by December 2
Tamil Nadu Chief Secretary K Shanmugam said districts with a positivity rate above 3% should scale up testing in a focused manner
Each clinic to have one doctor, one nurse and an assistant.
Cyclone Nivar hit many parts of Tamil Nadu and Andhra Pradesh earlier this week.
Cyclone Live tracker: IMD issued an amber-coloured warning (second most dangerous in the list) for coastal Andhra Pradesh on Friday. Stay tuned for Cyclone Nivar latest updates
The very severe cyclonic storm Nivar, crossed the Tamil Nadu and Puducherry coast late night and early Thursday morning with an estimated wind speed of 120-130 kmph, said the IMD
Very severe cyclonic storm Nivar has crossed coast near Puducherry and weakened into a severe cyclonic storm, the India Meteorological Department (IMD) said on Thursday