Bridgestone India has inaugurated Rs. 350 crore expansion in its Indore plant at Kheda, Madhya Pradesh. With this, the capacity of the Indore plant will go up to over 20,000 tyres a day by 2020. This expansion will enable Bridgestone India to meet the increased demand for its products.
Spread over 76 acres, this plant will produce the entire Bridgestone India’s range of radial tyres serving passenger car segment. The plant has the logistic advantage of serving some crucial OEMs and Aftermarket businesses for the passenger vehicle segment in the automotive sector. This state-of-the-art facility is driven by advanced Japanese technology, ready to produce world-class quality tyres for Indian roads.
Vivek Porwal, Managing Director, Madhya Pradesh, Industrial Development Corporation has inaugurated the plant, in the presence of Michio Harada, Consul General of Japan in Mumbai, and Akihiro Eto, COO, Bridgestone Corporation.
Parag Satpute, Managing Director, Bridgestone India said, “This expansion is our response to the trust and confidence of our OEM partners in our product offerings. Through this expansion, we also demonstrate our commitment to creating value for a larger base of Indian consumers with our world-class quality. India’s growth prospects in the mid to long term future are positive. And, Bridgestone India is ready to take the lead in being a trusted partner to our customers, dealers, consumers, and all other stakeholders at large.”
Bridgestone India started operations in 1996. In March 1998, with the setup of its manufacturing facility in Kheda, Madhya Pradesh, Bridgestone achieved its objective of running Indian manufactured Bridgestone tyres on Indian Roads.