BK Birla-promoted Kesoram Industries has planned Rs 840 crore expansion programme at its Uttarakhand tyre complex. The plan comprises a radial tyre plant with 100 tonnes-a-day capacity at a capital expenditure of Rs 495 crore and another bias tyre plant for trucks with farm sector equipment having a capacity of 125 tonnes a day and involving an investment of Rs 345 crore. Kesoram is already in the process of opening a greenfield project for bias tyres in Uttarakhand at an investment of Rs 750 crore. The first phase of commercial production was hoped to go onstream by mid-May 2008 and the last phase by December 2009. The company will raise the capacity of its Vasavadatta plant in Karnataka to 5.7 million tonnes, thereby taking its total cement capacity to 7 million tonnes. Kesoram Industries has two cement units, Vasavadatta Cement at Sedam, Karnataka, and Kesoram Cement at Basantnagar, Andhra Pradesh.
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