{"id":12670,"date":"2023-10-22T14:51:27","date_gmt":"2023-10-22T09:21:27","guid":{"rendered":"https:\/\/timesofpowerandvoice.com\/?p=12670"},"modified":"2023-10-22T14:51:27","modified_gmt":"2023-10-22T09:21:27","slug":"tvs-srichakra-ltd-looking-to-grow-its-global-off-highway-tyre-business","status":"publish","type":"post","link":"https:\/\/timesofpowerandvoice.com\/?p=12670","title":{"rendered":"TVS Srichakra Ltd looking to grow its global off-highway tyre business"},"content":{"rendered":"\n<p><strong>Pune (Voice news service):-<\/strong>\u00a0The Board of Directors of TVS Srichakra Ltd. approved the formation of a subsidiary in USA, with the intention of acquiring the business of\u00a0<strong>Super Grip Corporation, USA<\/strong>.<\/p>\n\n\n\n<p>Super Grip Corporation is a Tennessee based company, established in 1984, to meet the need for high quality tyres for the industrial tyre market.<\/p>\n\n\n\n<p><strong>For TVS Srichakra, the proposed acquisition is in line with its growth agenda in the off-highway tyre market<\/strong>. The company has recently invested in a new plant at its Madurai facility which doubles its off-highway tyre capacity. This investment is largely directed at global markets.<\/p>\n\n\n\n<p>Speaking on the occasion,&nbsp;<strong>Mr. S Ravichandran, Director, TVS Srichakra&nbsp;<\/strong>Limited said,&nbsp;<em>\u201cWe view the proposed Super Grip transaction with excitement. The company fits in well with our plan to expand our off-highway tyre business globally. The proposed transaction also brings with it an experienced and motivated management team, which will add value to the business over time\u201d.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pune (Voice news service):-\u00a0The Board of Directors of TVS Srichakra Ltd. approved the formation of a subsidiary in USA, with the intention of acquiring the business of\u00a0Super Grip Corporation, USA. Super Grip Corporation is a Tennessee based company, established in 1984, to meet the need for high quality tyres for the industrial tyre market. For [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71],"tags":[],"class_list":["post-12670","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/12670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12670"}],"version-history":[{"count":1,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/12670\/revisions"}],"predecessor-version":[{"id":12671,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/12670\/revisions\/12671"}],"wp:attachment":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}