GURGAON, India—Production at Apollo Tyre Ltd.'s plant in Oragadam, India, has been derailed by recent flooding and rains in nearby Chennai, according to a company filing at Bombay Stock Exchange.
The filing said production was disrupted in three shifts until Dec. 2, adding that the production loss was approximately 450 tons.
According to the company, Apollo's insurance policy adequately covers the natural disaster.
Heavy rains and flooding have paralyzed the Tamil Nadu city of Chennai since late November, and at least 188 are known to have died in floods.
Apollo announced in August it was planning to expand its truck and bus radial facility in Chennai with an investment of $414 million over the next two to three years.
The project is expected to take the truck-bus radial capacity at Chennai from its current 6,000 tires per day to 12,000 tires per day. The plant, he noted, also produces 16,000 passenger car tires per day.