Bridgestone India boosts investment for expansion in India
Bridgestone aims for 20,000 tyres per day by 2020, invests Rs. 350 Crore in India operations
Bridgestone India has invested Rs. 350 Crore in the expansion of its Indore plant at Kheda, Madhya Pradesh. The manufacturer says that the plant is strategically located in the centre of the nation. This helps to create a logistics advantage while reaching OEMs and aftermarket automotive services.
Spread over 76 acres, this plant will produce the entire Bridgestone India’s range of radial tyres serving passenger car segment. This state-of-the-art facility is driven by advanced Japanese technology, ready to produce world-class quality tyres for Indian roads.
Mr Vivek Porwal, Managing Director, Madhya Pradesh, Industrial Development Corporation Ltd. inaugurated the plant, in the presence of Mr Michio Harada, Consul General of Japan in Mumbai, and Mr Akihiro Eto, COO, Bridgestone Corporation. Mr Parag Satpute, Managing Director, Bridgestone India said, “This expansion is our response to the trust and confidence of our OEM partners in our product offerings. Through this expansion, we also demonstrate our commitment to creating value for a larger base of Indian consumers with our world-class quality. India’s growth prospects in the mid to long term future are positive. And, Bridgestone India is ready to take the lead in being a trusted partner to our customers, dealers, consumers, and all other stakeholders at large.”
Visit the Bridgestone India website to know more.