Bridgestone India to invest INR 600 crore for expansion

Bridgestone is a multinational company that makes trick components and was founded in Kurume, Japan, in 1931 by none other than Shojiro Ishibashi. The name was derived from a calque translation of the Japanese word "Ishibashi," which means literally "stone bridge" in English. You may purchase Bridgestone Tyre Shop in Noida from Nand Motors, a BridgestoneTyre Shop in Noida , which is known for providing a wide range of options. Some of the best products this sector has to offer are the winter and run-flat tyres. A few of the other tyre lines are also quite decent. However, Bridgestone tyres are a little bit steeper than some of the other brands.

The investment will not only upgrade technology but also increase capacity at its Chakan plant in Pune. The investment will be spread over three years. 

Bridgestone India, part of Bridgestone Corporation, announced that it would be investing over INR 600 crores to meet the increasing demand for quality passenger tyres in the country. The investment will not only upgrade technology but also increase capacity at its Chakan plant in Pune. The investment will be spread over three years.

Stefano Sanchini, Managing Director, Bridgestone India, said, “Bridgestone India is bringing in its global technologies and manufacturing for the Indian market so as to suit the needs of aspiring Indian consumers that want more fuel-efficient tyres, and better products to suit the improved quality of Indian roads. As a global leader in tyre technology, Bridgestone is committed towards providing sustainable mobility solutions and the current investment of 70 million euros is in this direction”.

Initial investment for capacity and technology upgradation will be EUR 70 million (over INR 600 crore) which will improve the plant capability in terms of technologies and capacities for the manufacture of tyres for the passenger car segment. 

The Chakan plant in Pune commenced production from 2013 and today boasts of sustainable manufacturing practices including a solar power plant and a carbonneutral biomass fuel- based boiler plant.

Brdgestone serves the Indian automotive sector with superior mobility solutions. In September 2022 Bridgestone India introduced ‘Sturdo’ tyre with longer tyre life for the passenger vehicles segment. The tyre has a special tread compound that extends tyre life by up to 29% and improves ride quality on uneven roads. It also has a range of Ecopia tyres that are engineered with a combination of light and strong materials for greater fuel efficiency and to reduce carbon emissions. 

 

Additional information:

• As the top Web designing company in India, the company is well-known.

• Are you aware that Online Promotion House is recognized for offering your company the best online promotion?

• A company that specializes in online promotion services, is the greatest option for you if you want to grow your business and are looking for the best services in this area. All types of businessmen must prioritize SEO.