Marangoni GRP Private Limited (MGPL), a joint venture commercial vehicle retreading company in India, has established a new full service Ringtread franchise called Xtramiles, in Chennai, India.
Giuseppe Marangoni, VP of Marangoni and Harsh Gandhi, joint MD of GRP, inaugurated the franchise in Maduravoyal, Chennai. Speaking on the occasion, Marangoni, said, “Since 1976 when the Ringtread was ‘born’, it has redefined the very nature of retreaded tires by providing superior performance close to that of new tires. A simple idea of a ‘ring’ that is round compared with a ‘flat’ tread in vogue in the market, is now acknowledged as the leading product.
For India’s quality-conscious fleets, therefore, we believe Ringtread is the perfect product to bring their operational costs down. At Marangoni, we believe that India offers great potential for growth and we continue to invest in the market.”
Harsh Gandhi, director, MGPL added, “Post setting up franchises in Karnataka, Haryana and Kerala over the last 12 months, we wanted to come to a metro city with a vast population of large, quality-conscious and discerning fleets. With the establishment of Xtramiles at Chennai, we have now entered the league of large trucking centers. In Xtramiles, we have a bunch of young entrepreneurs with diverse backgrounds in IT, banking sales and transportation who believe that they can offer a compelling product and service offering. India’s retreading industry needs new ideas to move forward and MGPL expects to be at the forefront of such initiatives.”
MGPL CEO, Hemant Kaul, commented, “MGPL now has four franchises operating in the country, with four more in various stages of commissioning. With these, MGPL’s footprint will cover eight cities in seven states. Our pace of new franchise appointments is picking up and soon we expect to reach double figures. With each new franchise, we are bringing globally proven retreading technology and products to more and more customers through a set of franchise outlets that have superior equipment, trained technicians and a process-driven approach.”
