ISLAMABAD  August 17  (INP):  Pakistan’s Servis Group said that it will enhance Pakistan’s tyre exports by $300 million annually in collaboration with China, Gwadar Pro reported on Tuesday.

He maintained that the Servis group – the largest exporter of Tyres and footwear in Pakistan – will boost Pakistan’s tyre exports by US $300 million annually at the completion of all three phases of the new project, contributing to growing Pakistan’s economy even further.

Servis Long March Tyres (Pvt) Ltd., a collaboration of China’s Chaoyang Longmarch Tyre Co. Ltd. and Pakistan’s Servis Group, had recently inaugurated Pakistan’s first all steel radial Truck/Bus tyre plant on March 28.

The $300 million project with active collaboration of the top Pakistani and Chinese partners will produce tyres under the brand name of SLM. The new brand has the quality standards that will compete with the best in the world.