Bridgestone India, a leading manufacturer of tires and rubber products, has revealed plans to invest Rs 720 crore in the expansion of its manufacturing facilities in India. The significant investment is aimed at bolstering the company's production capabilities and supporting its long-term growth strategy in the Indian market.

The company’s investment will primarily be directed towards increasing the capacity of its production lines for tires, catering to both domestic and export markets. This expansion is expected to enhance Bridgestone India's position in the competitive tire industry and meet the growing demand for high-quality, performance-oriented tires across various segments, including passenger vehicles, commercial vehicles, and two-wheelers.

The planned expansion will involve upgrades to existing infrastructure, the introduction of advanced manufacturing technologies, and the construction of new facilities to increase production efficiency. In addition, the company will focus on sustainability, with an emphasis on environmentally friendly production processes and reducing the carbon footprint of its operations.

Bridgestone India has said it is committed to maintaining a strong focus on innovation as part of its growth strategy. The company plans to leverage cutting-edge technologies to improve tire durability, fuel efficiency, and safety, which aligns with the evolving needs of consumers in India and around the world.