Mahansaria Tyres (MTP) announced the commencement of commercial production at its state-of the- art greenfield off-highway tyre manufacturing facility in Panoli, at the Bharuch district of Gujarat. Set up with an investment exceeding US$ 100 million, the plant is spread across 127 acres in a Special Economic Zone. With a first phase capacity of 40,000 mt/annum, the plant will produce tyres to cater to the ever-growing demand for tyres in agricultural, industrial, construction and earthmoving applications.

The plant was inaugurated virtually by the company Chairman Ashok Mahansaria, and Managing Director and CEO Yogesh Mahansaria in the presence of key members of the organisation.

Speaking at the inauguration, Ashok Mahansaria appreciated the untiring efforts of all team members to successfully bring on stream the plant despite the challenges posed by the COVID pandemic.