3 months ago
India's tire market is expected to expand at the fastest rate, says Bridgestone
Bridgestone said the tire market in India will develop by around 5% this year as it anticipates that the nation will emerge as the fastest-developing business sector globally.
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Bridgestone said the tire market in India will develop by around 5% this year as it anticipates that the nation will emerge as the fastest-developing business sector globally.
The Japanese tire major, which is investing almost $300 million in India, plans to increase tire production to 40,000 units per day over the next several years from the current 30,000 units per day.
"India is the quickest-developing business portfolio in our worldwide business. It has key incentives for us," Bridgestone India MD Hiroshi Yoshizane said.