According to local media reports, Apollo Tire , the largest tyre manufacturer in India, announced that it has officially entered the Sri Lankan market and is scheduled to achieve a sales target of Rs 12 billion (approximately US$ 108 million) in the Sri Lankan market in the next fiscal year.
Continental AG, a German auto parts supplier, announced that the company has decided to merge its passenger car and light truck tire business unit with the commercial vehicle tire business unit into a tire business unit as of August 1, 2011. , led by Nikolai Setzer, 40 years old. Since he took of