Profit

SRF buys Thailand-based tyre cord firm for Rs 1 bn

PUBLISHED ON: May 27, 2008 | Duration: 1 min, 29 sec

  
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Leading tyre cord manufacturing company SRF Limited has acquired Thailand-based Thai Baroda Industries Limited (TBIL) for Rs 1 billion. TBIL is a tyre cord company having an annual production capacity of approximately 12,000 tonnes of dipped nylon tyre cord fabric, said a statement by the company Tuesday.
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