Bridgestone to Invest $85 Million to Upgrade Production and Development of Premium Car Tires in India

Specifications:

Name:

Bridgestone to Invest $85 Million to Upgrade Production and Development of Premium Car Tires in India

Location:

India

Company:

Bridgestone

Estimated Cost:

$85 Million

Source:

https://press.bridgestone-emea.com/

Introduction:

Bridgestone India Private Ltd., a subsidiary of Bridgestone Corporation, has today revealed a strategic investment aimed at expanding its capacity and capabilities in India.

Features:

This investment is set to increase the Pune plant's total production capacity by around 1.1 million tires per year by 2029.

It will also enhance the ability to produce premium tires at the Indore plant. Furthermore, BSID plans to set up a satellite technology centre at its Pune plant in 2025 to manufacture “Dan-Totsu1 products”. These products will be specifically tailored for the Indian market using “ENLITEN” technology2, which serves as the foundation for product design.

These efforts are part of Bridgestone’s Mid Term Business Plan (2024-2026), under the goals of “Create good tires” and “Create good business.” Bridgestone is dedicated to contributing to a sustainable society for future generations by co-creating value with employees, society, partners, and customers.