GRP and MARANGONI open their first Ringtread franchise in Cochin, India
GRP Industries a market leader in reclaimed rubber and other rubber products has created a joint venture with Marangoni a world leader in tyre retreding systems- Marangoni GRP.
This joint venture is to promote business as a commercial retreading company in India.
The JV called Marangoni GRP has launched their first Ringtread franchise in Kochi, Kerala.
The franchise outlet , Autobahn Retreading, is a part of Autobahn Trucking-it has been inaugurated by Giuseppe Marangoni, vice president of Marangoni Group, and Harsh Gandhi, CEO of GRP.
Mr.Harsh Gandhi an alumnus of Harvard Business School and Purdue University has been at the forefront of leading the GRP team on its path to success.
The franchise outlet will provide retreading and tyre consultancy services.
Commenting at the inauguration Mr.Marangoni indicated that India is a key growth market and with Ringtread, Marangoni’s splice-less retread, lies a solution that will significantly reduce the operating cost of fleets in India.A strong franchisee partner like Autobahn is essential to taking this successfully to the market. The retreading market in India needs to further professionalize and get organized and Mr.Marangoni hopes that this JV will be at the forefront of this transformation.
The JV is committed to setting up a pan-India network of franchises and will make its retreading technology available on a larger scale to the Indian market within the next few years.