Saturday, February 29, 2020

Maxxis bets big on India as it eyes to enter top 5 global tyre maker list

The company is investing USD 400 million on its first manufacturing plant at Sanand in Gujarat, where it is working to hike output to 60,000 units of two-wheeler tyres per day from the current 20,000 units a day, as part of the project's phase I expansion.

from Auto-Industry-Economic Times https://ift.tt/2VKtVkv

No comments:

Post a Comment

Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...