Karachi, Service Global Footwear Limited is excited to share significant developments regarding its associated company, Service Long March Tyres (SLM). SLM, a joint venture project specializing in the production and sale of truck and bus radial category tires in Pakistan, has revealed its expansion plans.
With Service Global Footwear Limited and its holding company, Service Industries Limited, holding equity stakes of 18.91% and 32.09%, respectively, in SLM, the announcement paves the way for exciting growth opportunities for both companies.
The decision to expand reflects SLM's commitment to meeting the growing demand for high-quality truck and bus radial tires in Pakistan. As the transportation industry continues to flourish in the country, SLM aims to enhance its production capacity and broaden its market reach.