Bridgestone plans $85 million investment in India

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Bridgestone plans $85 million investment in India

Bridgestone Corporation has announced an $85 million (₹720 crore) investment to enhance its production capabilities at its manufacturing plants in Pune and Indore, India. The expansion will support the company’s strategic growth in India, allowing it to meet rising demand while catering to evolving customer preferences for high-quality products.

Scheduled to begin in early 2025, this investment will boost the Pune plant’s annual tyre production by approximately 1.1 million units by 2029. Additionally, the Indore facility will undergo upgrades to specialize in producing premium tires, aligning with Bridgestone’s focus on high-end, durable products suitable for the Indian market’s demands. This expansion reflects Bridgestone’s commitment to maintaining a strong presence in India, which has become one of the world’s largest and fastest-growing automotive markets.

As part of this initiative, Bridgestone India will also establish a satellite technology center at its Pune facility in 2025. This center will enhance the company’s engineering capabilities by supporting material planning, product research, and design, with a specific emphasis on innovation tailored to Indian consumers.

This investment reinforces Bridgestone’s confidence in the Indian market’s growth potential and is aligned with its goal to provide top-quality, technology-driven solutions. By enhancing its production and research capabilities, Bridgestone aims to serve India’s automotive industry more effectively and sustainably, keeping pace with industry trends and consumer expectations.

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