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Tokyo (ANTARA News/Asia Pulse) - Bridgestone Corp. (TSE:5108) has announced that it will begin producing bus and truck tires at an Indian plant from the first half of next year in response to growing demand in that country.

The Japanese firm will invest some 3.3 billion yen (US$36.38 million) to expand the Indore plant and install new production equipment. By the second half of 2012, it aims to boost truck and bus tire output capacity there to 400 a day.

The 265,500 sq. meter Indore plant began making tires for passenger cars and small trucks in 1998 and now turns out 12,500 a day. Production capacity will be increased to a daily 15,000 units this year.


Source:
Business in Asia Today - Feb. 2, 2010
published by Asia Pulse

Editor: Ricka
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