PennyGracie - China Automobile Expert-CNAUTO

NEW DELHI: Technology firm Continental on Wednesday said it plans to significantly expand its truck tire production capacity at its plant in Modipuram, Uttar Pradesh, within a month over the next 18 days. Continental said the expansion will increase Asia Pacific (APAC) exports, which will have a positive impact on the company’s production costs and profitability. “Since the acquisition of Modi Rubber in 2011 since our entry into the Indian market, we have achieved significant growth and launched a wide range of passenger and commercial vehicle products. We have launched a range of radial tires in the Indian market.” Kuldeep Singh, Vice President, Manufacturing, Continental India, said: He added that the recent addition of truck tire capacity will be the fourth expansion of the plant in the last six years. Claude d’Gama Ross, head of Continental’s India tire business, said Continental’s India tire business continues to expand and the comp...

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