Bridgestone looks to expand retail footprint in India_Bridgestone looks to expand retail footprint in India

Bridgestone looks to expand retail footprint in India

May 31, 2024

Bridgestone India Distributors, a subsidiary of Japanese multinational tire manufacturer Bridgestone, has a diversified product portfolio to meet OEM requirements and alternative market requirements, primarily for radial tires.

Mumbai: Tire maker Bridgestone plans to expand its retail business in India this year at a growth rate of 20-25%, targeting higher than industry growth rates. Company executives said. Bridgestone India currently has 32,000 many dealers in 13,000 32,000 towns and cities in India. Bridgestone India is a subsidiary of the Japanese multinational tire manufacturer Bridgestone Corporation and has a diversified portfolio of products to meet OEM requirements and alternative markets, mainly radial tires.

Sanchini accepts PTI “Bridgestone India has been expanding its product portfolio over the last few years. The market penetration has increased by 11% and the overall retail network will grow by 20-25% this year.” He said the company is expanding its distribution network by extending its reach to tier III and IV cities, thereby expanding its presence in the automotive tire aftermarket with over 25 million tires in stock.

Sancini “Our goal is to remain a leader in this segment.” OE The market recovered last year and is expected to see a recovery in 2023 Sancini said, “Each year will see further growth. Investments in increased capacity and capability will help meet market demand.” Help us do that.

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