Indag Rubber Limited (IRL) started in 1982 is engaged in providing retreading material ranging from pre-cured treaded rubber (PTR) strip to other retreading accessories like envelopes and rubber cement. IRL sells its products through its retreader and dealer network spread across India. It also routes its sales to State Transport Units. IRL has one manufacturing plant, which is located in Nalagarh in Himachal Pradesh with a total installed capacity of 20000 MT per annum for manufacturing PTR and allied accessories. IRL was initially operating as a joint-venture between the Khemka group and M/S Bandag Incorporated, USA - one of the largest players in the US retreading industry. However,...