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Himadri Speciality to Launch Electric Vehicle Tyres Within Two Years
Himadri Speciality Chemical Ltd plans to enter the electric vehicle (EV) tyre market, targeting a launch within 24 months. The company has partnered with Boston Consulting Group to assess market potential and capital expenditure strategies, following its acquisition of Birla Tyres. As EV adoption rises, particularly in two- and three-wheelers, the demand for specialised tyres designed for efficiency and reduced noise is expected to grow significantly.
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