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Bridgestone invests USD 85 million to expand production capacity in India
Manufacturing - Nov 09,2024 -Bridgestone, the global tire manufacturing giant, has announced a significant investment of USD 85 million to enhance its production capabilities in India. This investment aims to boost the company's manufacturing capacity, enabling it to meet the growing demand for high-quality tires in both domestic and international markets.
The funding will be directed towards expanding the company’s existing facilities and upgrading production lines to introduce more advanced tire models. The move aligns with Bridgestone’s broader strategy to strengthen its presence in India, which is one of the world’s fastest-growing automotive markets. This expansion will not only help the company scale its operations but also enhance its competitiveness in the Indian market, which has seen a surge in demand for durable and energy-efficient tires.
With this investment, Bridgestone plans to introduce cutting-edge technology and improve production efficiency, thereby improving the quality and performance of its tires. Additionally, the company aims to create job opportunities in the region, further contributing to the local economy.
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