$300 Million Boost for India’s Tyres: Bridgestone

Tyre

Bridgestone forecasts a 5% growth in India’s tyre market this year, making it the fastest-growing market globally. To keep up with this growth, they’re investing $300 million to make more tires in India. The Japanese tyre giant aims to boost daily production to 40,000 units, up from the current 30,000.

“India is the fastest growing business portfolio in our global business. It has strategic value for us,” Bridgestone India MD Hiroshi Yoshizane said.