Actively considering production of passenger vehicle tyres in India, says Michelin CEO

Michelin is reportedly considering the local production of passenger vehicle tyres in India. This move could help the French firm improve operations in the country, which have suffered due to import restrictions introduced in 2020. Presently, Michelin only sells premium, limited-quantity, larger-sized tyres for performance-based models. Florent Menegaux, Michelin CEO, said the company saw India as a great developing market with fast-developing infrastructure.

from Auto-Industry-Economic Times https://ift.tt/zDNl2MY