Initial investment for capacity and technology upgradation will be 70 million euros (over Rs 600 crore), the company said in a statement.
PTI
February 06, 2023 / 02:35 PM IST
Bridgestone
Tyre maker Bridgestone India on Monday said it will invest over Rs 600 crore over the next three years to expand production capacity and upgrade technology at its Pune-based plant.
Initial investment for capacity and technology upgradation will be 70 million euros (over Rs 600 crore), the company said in a statement.
It will improve the plant capability in terms of technologies and capacities for the manufacture of tyres for the passenger car segment, it added.
“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,” Bridgestone India Managing Director Stefano Sanchini stated.
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