In its latest Annual Report, India’s GRP Ltd. shared that the 2020-21 financial year “proved to be a watershed year in more ways than one” for the Marangoni GRP retreading joint venture. While the world and India were under the grip of COVID-19 for the best part of the 12-month period to 31 March 2021, the company says Marangoni GRP “made rapid strides in several directions” that “set it on a path of high growth and expansion in the next year.”