Floods disrupt operations at plants of Apollo tyres in Kerala

Apollo Tyres today said production at its two plants in Kerala has been disrupted due to the floods in the state.

Floods disrupt operations at plants of Apollo tyres in Kerala
The company produces commercial vehicle tires and off-highway tires at the two plants. (Image Credit: Wikimedia)
  • Country:
  • India

Apollo Tyres today said production at its two plants in Kerala has been disrupted due to the floods in the state.

Production operations of the company's plants located at Perambra and Kalamassery, Kerala have been disrupted due to the floods, Apollo Tyres said in a BSE filing.

"The production loss due to this natural calamity is 1,500 MT (approximately) till today. However, consequential loss of profit is not significant," it added.

The company produces commercial vehicle tires and off-highway tires at the two plants.

The state is facing the worst flood in 100 years and it has claimed 216 lives since August 8, displacing over 7.24 lakh people, who are now sheltered in 5,645 relief camps dotting the state.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

TRENDING

OPINION / BLOG / INTERVIEW

Renewable power’s reliability problem may have an AI solution

How FinTech is changing SME growth and financial inclusion

Quantum-era risks force rethink of AI model provenance and attestation

Firms using AI see stronger environmental and governance performance

DevShots

Latest News

Connect us on

LinkedIn Quora Youtube RSS
Give Feedback