INTERVIEW-Kesoram Ind delays launch of tyre units

Newswire

(Adds details, quotes and background) By Aniruddha Basu MUMBAI, Feb 24 (Reuters) - Diversified Kesoram Industries Ltd is postponing launch of two tyre unit operations in Uttaranchal state due to easing demand, but is expanding capacity in its cement unit in southern India, a senior official said. The Kolkata-based firm will start operations in its radial and motorcycle tyre units in the northern Indian state early next year from its planned launch in July 2009, director S.K. Parik told ...

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