Friday, November 8, 2024

Bridgestone to invest $85 million in India

Bridgestone Corporation is investing $85 million to increase production capacity at its Pune and Indore plants in India. The expansion, starting in 2025, aims to boost Pune's tire output by 1.1 million annually by 2029 and enhance premium tire production in Indore. A new technology center in Pune will focus on developing advanced tire products.

from Auto-Industry-Economic Times https://ift.tt/JWBC4wM

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India's auto component industry to hit USD 145 billion by 2030, exports to triple: NITI Aayog

NITI Aayog envisions India's automotive component production soaring to USD 145 billion by 2030, with exports tripling to USD 60 billion...