With a view to firm up its presence in Europe as auto-ancillary major, the USD 1 billion Ruia Group is contemplating listing of its overseas companies on the German Stock
Falcon Tyres, now a Ruia Group company, has reported a 40 per cent growth in its total revenue on a year-on-year quarterly basis. The total income for
Diversified conglomerate Ruia Group today said it expects to garner revenue of Rs 600 crore from its tyre brand 'Dunlop' by next fiscal following re-starting operations at its two plants in Tamil Nadu and West Bengal.
Ruia Group has also floated a new company and re-named the British company as Schlegel Automotive Europe Ltd.
Dunlop India has firmed up plans to put up a Rs 550-crore greenfield unit in Karnataka, close to Falcon Tyre’s manufacturing facilities in Mysore.
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