Apollo Tyre's Plan B' in full swing Firm's chairman sees expansion on the horizon

摘要

KOCHI, India—Apollo Tyres Ltd. has put is failed takeover of Cooper Tire & Rubber Co. behind it and is pouring re-Surces into "Plan B"—expanding ca-pacifies, product lines and sales territories to keep pace with customers' and suppliers' global growth, according to statements by Chairman Onkar Kan-war at the linn's recent annual meeting. The fact that the (Cooper) deal did not 'fructify' is not the real story," Mr. Kanwar said. "The real story is that your company identified future challenges and was able to make the attempt to address these to ensure an increase in vour long-term wealth.