Bridgestone lines up Rs 600 cr to expand capacity, upgrade tech at Pune plant_Bridgestone lines up Rs 600 cr to expand capacity, upgrade tech at Pune plant

Bridgestone lines up Rs 600 cr to expand capacity, upgrade tech at Pune plant

May 31, 2024

Tire maker Bridgestone India on Monday said it will invest more than Rs 60 crore over the next three years In order to expand production capacity and upgrade technology at its Pune plant. The initial investment in production capacity and technology upgradation will be 70 million euros (over Rs 600 crore), the company said in a statement.

This will enhance the plant’s capabilities in tire manufacturing technology and passenger car segment, he added.

Stefanoonostefanono Sanchini “Bridgestone India is bringing global technology and manufacturing to the Indian market to meet the demand of Indian consumers for more fuel efficient tires and better products and to improve the quality of India’s roads.” , Bridgestone India.

He added that as a global leader in tire technology, the company is committed to providing sustainable mobility solutions and has invested 70,000,000 euros in this direction.

However, the company did not disclose the current production capacity of the Chakan plant and the specific production capacity for the next three years. The plant started production in 2013.

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