Bridgestone India To Invest Almost Rs 2000 Crore For Capacity Expansion

Written By:

Bridgestone India has announced that the company will work on expansion, with an investment of Rs 1939.37 crore. The investment will be in a phased manner, for the company's facilities in Indore and Pune.

The investment, which will be spread over a five-year period to keep up with the tyre demand in the country. Production capacity is expected to increase by around 15,000 tyres per day and by the year 2022, Bridgestone aims at manufacturing 41,000 tyres per day.

bridgestone to expand manufacturing facilities

The investment will further enhance Bridgestone's supply, keeping in mind the growing vehicle population and production. Also, the expansion will open up 450 jobs for skilled labour.

Speaking about the investment, Kazutoshi Oyama, the Executive Director of Bridgestone India said, "This investment affirms our commitment to expand Bridgestone's footprint in India, which is one of the fastest growing markets in the world."

Recommended Video - Watch Now!
    Jeep Compass Price (Ex-Showroom) In India Variant-Wise - DriveSpark

    "The investment will enable Bridgestone India to be equipped with advanced manufacturing technology and processes that will allow us to better serve our customers with products of superior quality."

    DriveSpark Thinks!

    With an increased number of automobile manufacturers planning to make India their manufacturing and export hub, Bridgestone's plans for expansion comes in at the right time. Also, job opportunity for 450 skilled labours is a welcoming move.

    Read more on: #auto news
    Story first published: Tuesday, August 8, 2017, 17:52 [IST]

    Latest Auto Expo Images

    Latest Auto Expo Videos

    Get Instant Auto Updates From DriveSpark

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Drivespark sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Drivespark website. However, you can change your cookie settings at any time. Learn more