Kesoram Inds postpones launch of tyre units

Newswire

MUMBAI, Feb 24 (Reuters) - Diversified Kesoram Industries Ltd has postponed the launch of two tyre unit operations in Uttaranchal state due to slowing demand, but will expand capacity at 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, instead of its planned July 2009 launch, Director S.K. Parik told Reuters. "It has been extended only by a few ...

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