India’s Apollo Corporation announced at its regular annual meeting on August 11 that in order to ensure adequate supply of raw materials and stable production costs, the company leased 10,000 hectares of land in the southeast of Laos to grow natural rubber, which marked Apollo. Tyre Company formally entered the field of natural rubber planting. Toyota Interior Parts-Hilux,Custom Car Interior Kits,Used Truck Body Parts,Auto Body Replacement Panels Changzhou Saina Automobile Industry Co., Ltd , https://www.sainaauto.com
Apollo said that the leased land will provide 25% natural rubber resources for its tire factory production after 5 years. In recent years, Apollo's business has expanded rapidly. Due to the shortage of natural rubber resources in India, the company hopes to ensure its raw material supply to some extent through this self-sufficient method. In order to realize the company's long-term development strategy, Apollo selected the first natural rubber plantation in Laos after market research.