Following Continental’s recent acquisition of India’s Modi Tyres Company Limited, the German company has announced plans to expand its Indian market operations. Initial plans involve increasing Continental India Limited’s cross-ply truck and bus tyre production at its Modipuram factory to over 500,000 units per annum this year and further boosting output to more than a million units in 2013. On top of this, more than 50 million euros will be invested to equip the company for passenger car and commercial vehicle radial manufacture; Continental anticipates starting production of these tyres in the second half of 2013.
Conti Tires to produce radials in India from 2013
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Daniel Sherman Fernandez
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