2003 | 2005 | 2007
Monotona Tyres Ltd, a Wada (Maharastra)-based two wheeler tyre manufacturing company was added to the Group portfolio.

Another milestone year. The Ruia Group acquired Dunlop India Limited – the globally renowned tyre giant. Dunlop, like Jessop, had very old origins in India and for decades was the undisputed brand leader in the Indian tyre industry. A company of many firsts, Dunlop had shut down operations in India in 1998.

In the same year the Ruia Group also acquired the Mysore-based Falcon Tyres Limited. It is the only company in the industry that has thrived and grown in the midst of a crippling economic downturn. Today, with concurrent programs in capacity expansion and backward integration, Falcon is poised to become the undisputed market leader in the two and three wheelers tyre industry.

The turning point in the history of the Ruia Group was the acquisition of Jessop & Co Ltd in 2003 and the successful turnaround initiatives that led to a complete metamorphosis of the heritage Engineering and Infrastructure giant which is now over 224 years old. Jessop is a classic case study of a sick heritage company rejuvenating itself in less than a year's time, through good, strategic leadership and sound fiscal discipline.
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As a responsible corporate organization, the Ruia Group is committed ......more