Mumbai, April 15 -- Marangoni GRP Private Limited (MGPL), the JV between Marangoni and GRP active in the commercial vehicle retreading sector in India, has appointed a new Full Service RINGTREAD Franchisee at Chennai, India.

Giuseppe Marangoni, Vice President, Group Marangoni and Harsh Gandhi, Joint Managing Director, GRP Ltd inaugurated the Franchisee, Xtramiles in Maduravoyal, Chennai.

Speaking on the occasion, Marangoni said, "Since 1976 when the RINGTREAD was 'born', it has redefined the very nature of retreaded tyres by providing superior performance close to that of new tyres. A simple idea of a 'ring' that is made round compared to 'flat' tread in vogue in the market, is now acknowledged as the technology leading product. For India...