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India buys local rubber giant ANOTHER indicator of South Africa’s growing attractiveness to foreign capital is the recent purchase of Dunlop Tyres International (Pty) Ltd (a true SA success story) by listed Indian tyre manufacturer Apollo Tyres Ltd, ranked 16th globally and a sub-continental leader in truck tyre production. Dunlop CEO, Mike Hankinson says, "Dunlop is looking forward to working with Apollo in order to extract benefits for all parties." The buyout, seen in the context of the relationship Apollo has with truck OE Ashok Leyland and other Indian commercial vehicle manufacturers, could perhaps be construed as a sign of new Indian truck imports that will require a solid local tyre supply and support infrastructure such as Dunlop has. Local brake maker wins DaimlerChrysler award
ALFA INTERNATIONAL has been making truck brake products for Mercedes-Benz since 1978 and the company now supplies more than 40 HCV brake parts to the aftermarket niche. The company was recently awarded ‘The 2005 DaimlerChrysler SA National Supplier Award for Parts and Accessories’. With a local foundry using state-of-the-art machinery, Alfa International adheres to strict Daimler-Benz specifications and tolerances, says Paul Williams, Alfa International’s marketing manager: ‘"The award was based on the following criteria: on-time delivery, service levels, quality, cost control and customer relationships. We are proud that we scored so highly in every category as it shows our commitment to product and service excellence." |
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