Tokai of Japan to set up second plant for anti-vibration rubber in India

摘要

Japan's Tokai Rubber Industries Ltd. has announced plans to build a new plant for automotive anti-vibration rubber products and start mass production in November 2013 in Neemrana Industrial Area in Rajasthan. The new plant will be built at a cost of Yen 1.4-bn (about Rs. 80-crores). Sales from the plant are anticipated to reach about Yen 1.3-bn (about Rs. 70-crores) in FY 2015.