Service Long March Tyres plans to invest $ 80 million in passenger car radial tyre project 

Report by Engineering Post

Service Long March tyres Limited,  a subsidiary  of the Service Industries,  has plans ready to establish  a passenger car radial tyre manufacturing  project at its existing facility in Nooriabad, Sindh, with an investment of $ 80 million .

The investment so being made targets expansion in the passenger car tyre segment and  also to ensure stronger presence  in the regional and exports markets.

The project has been approved by the Service Long March (SLM)  Tyres Limited, an associated company for the establishment of a Passenger Car Radial  Tyre Manufacturing  facility at SLM’s existing  location in Noriabad, Sindh.

Service Industries Limited  was incorporated way back in March 1957 under the Companies Act 1913, now governed by the Companies Act 2017, Its  principal  activities  include  the manufacture  and sale of footwear,  tyres and tubes, and technical rubber products.