MEMBER'S LOGINX
| Login Failure | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
- Home
- Outlook Arena
- Oct 29, 1999 - Continental, Metro set to sign deal
Continental, Metro set to sign deal
Newspaper reports reveal that Continental AG plans to enter into technology assistance and offtake agreements with Metro Tyres for the manufacture of scooter and motorcycle tyres. At a later stage, Continental would also consider entering into licensing agreement with Metro, whereby the latter would manufacture and market two-wheeler tyres under the Continental brand name.
Initially, Continental AG, will buy cycle tyres and tubes from Metro and will sell it in the international market under the ‘Continental’ brand name. This will beef up Continental’s presence in the international cycle tyre market.
If the Continental-Metro venture is successful, there could be more international tyre manufacturers outsourcing their requirements from India. This is so, because Indian labour is relatively cheap, and unit cost of tyre is low in the country. International majors could import cheaper tyres from India, and sell them in the overseas market to establish a presence in newer areas like cycle tyres.
The upside for the Indian partner will be a spurt in forex earnings. Moreover, it could enter into a licensing agreement with the international company to sell tyres in the Indian market under the foreign partner’s brand name. This will see an appreciation in domestic sales.
|
| |
More Views on News
APOLLO TYRES Announces Quarterly Results (3QFY19); Net Profit Down 19.3% (Quarterly Result Update)
Feb 13, 2019 | Updated on Feb 13, 2019For the quarter ended December 2018, APOLLO TYRES has posted a net profit of Rs 2 bn (down 19.3% YoY). Sales on the other hand came in at Rs 47 bn (up 17.5% YoY). Read on for a complete analysis of APOLLO TYRES's quarterly results.
APOLLO TYRES Announces Quarterly Results (2QFY19); Net Profit Up 4.2% (Quarterly Result Update)
Nov 14, 2018 | Updated on Nov 14, 2018For the quarter ended September 2018, APOLLO TYRES has posted a net profit of Rs 1 bn (up 4.2% YoY). Sales on the other hand came in at Rs 43 bn (up 24.6% YoY). Read on for a complete analysis of APOLLO TYRES's quarterly results.
More Views on NewsMost Popular
This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)
Apr 12, 2019This critical business strategy has enabled companies to scale their operations faster.
Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)
Apr 12, 2019Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.
A Simple 3-Point Investing Manifesto for You the Indian Investor(The 5 Minute Wrapup)
Apr 11, 2019A must have checklist for every investor in the Indian stock market.
My Master Series on How to Trade Election 2019(Profit Hunter)
Apr 16, 2019For 30 years he has watched how elections impact the markets, and practiced how to profit from it. Now he is here...telling you everything. Read on...
Election Series: Follow the World's Biggest Traders To See Where the Money Flows(The 5 Minute Wrapup)
Apr 17, 201920% of all the traders bring in 80% of the money. Watch these 20% and you get a working idea of which way the wind is blowing.
More|
| |
APOLLO TYRES SHARE PRICE
Apr 24, 2019 (Close)
TRACK APOLLO TYRES
- Track your investment in APOLLO TYRES with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
- Add To MyStocks
MORE ON APOLLO TYRES
APOLLO TYRES - JK TYRE & IND COMPARISON
COMPARE APOLLO TYRES WITH
OTHER USEFUL LINKS
MARKET STATS
ABOUT EQUITYMASTER
Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.
FREE NEWSLETTERS
PREMIUM PRODUCTS
QUICK LINKS
APPS
FOLLOW
Copyright © Equitymaster Agora Research Private Limited.
Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap
Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
Equitymaster requests your view! Post a comment on "Continental, Metro set to sign deal". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!