Bridgestone

Bridgestone to Establish a New Plant for Rs. 2,600 crore

Bridgestone to Establish a New Plant for Rs. 2,600 crore

According to reports, Japanese tyre-giant, Bridgestone will launch a new plant near Pune in Maharashtra. The new plant will start production of passenger car radial tyres (PSR) and truck and bus radial tyres (TBR) in reaction to the increasing demand in India that is witnessing noticeable economic growth.

The total investment is estimated to be around 50 billion Yen, that is, about Rs. 2, 600 crore in a phased manner. The PSR production is planned to start in January 2013, while the TBR production in August 2013.