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MARANGONI EXTENDS FOOTPRINT TO NORTH INDIA The Manoj Tyres and Marangoni India teams in the new facilities The Marangoni Group has announced the establishment of its first Exclusive Franchisee in North India. The business, Manoj Tyres, an existing retreader at Kanpur, one of the largest tyre markets in India in Uttar Pradesh (UP), was sourcing retreading material from two leading Indian retreading companies befo- re switching exclusively to Marangoni India. A new greenfield facility at a new site has been commissioned with new equip- ment, including Marangoni’s Ringtreader RT920. Keeping with the culture of India, where any new venture has to receive bles- sings from family elders, the inauguration was graced by Shri Jagmohan Agarwal, the father of Manoj Agarwal, Proprietor of the firm, accompanied by Hemant Kaul, CEO, Marangoni - India. “In Manoj Tyres we have an experienced partner who unders- tands the differentiation Marangoni brings to fleets compared to our competitors,” said Kaul. Manoj Agarwal has a 3-decade long experience as a distribu- tor of imported brands of new tyres, in tyre service through a CV wheel alignment centre and in tyre retreading. As new tyre technology advanced, he felt the need to ‘future-proof’ his bu- - goni. Commenting on this development, Vittorio Marangoni, Pre- sident of Marangoni Group, said; “Our long-term goal is to contribute through innovation to the transition from a linear economy to a circular economy in the tyre industry, and we are very happy to find partners who embrace our philosophy be- cause it means that they are visionary people who are ahead of the times.” Matthias Leppert, Chairman of the Board of Leader Rubber Company, added that Marangoni has embarked on a strategic project to develop the Indian market with its premium product “RINGTREAD”. The fast-growing network of franchisees is con- firming this approach and is showing that an important share of India’s replacement truck tyre market is appreciating the offer of a “RINGTREAD” retreaded tyre with performance like pre- mium new tyres. Our franchisee partners offer fleets an econo- mic saving on total costs of ownership level which is a “green” solution (circular economy) too. He was joined by Brett Sproson, Managing Director, Leader Rubber Company, who said, “We welcome Manoj Tyres to the RINGTREAD family and with the exclusive offering of the pre- mium RINGTREAD product. May this partnership grow from strength to strength.” Earlier this year, Marangoni acquired 100% shareholding in the erstwhile JV company it had established in 2015, by bringing on board its wholly owned subsidiary, Leader Rubber Company (SA) Prop. Ltd, South Africa. The Indian subsidiary is now called Marangoni South Asia Private Limited (MASA) and has franchi- sees in Kerala, Tamil Nadu, Telangana, Gujarat, Maharashtra, and now Uttar Pradesh. A few months back, MASA established its 1st Franchisee in Nepal as well. LATEST NEWS - INDIA Hemant Kaul (right), CEO of Marangoni India with Manoj Agarwal P.24