Asia / Pacific
Apar Industries Expansion for CTC Business
• Apar Industries Ltd announced an expansion of production capacity for its CTC Bus business.
• The company’s production capacity is expected to reach a total of 3.5 million units.
• The expansion is part of the company’s strategy to increase its market share in the CTC bus market.
• The company’s expansion is expected to boost its market share and profitability.
• The company’s expansion is expected to result in a decrease in the NSE Arindis (NSE) index by 1.48%.
• The company’s expansion is expected to help it maintain its competitive edge in the market.