Michelin to roll out locally-produced PV tyres this year; aims to ramp up portfolio

French tyre giant Michelin plans to start production of passenger vehicle tyres from its Chennai facility this year. The company is investing Rs 564 crore to create manufacturing capacity and intends to progressively expand its product portfolio to cater to different segments, with a focus on higher seat size SUVs.

from Auto-Industry-Economic Times https://ift.tt/zvAi510