Samarth 619

Michelin's first India made tyre, by Nov 2012 in Chennai plant.

CHENNAI: French tyre-maker Michelin's upcoming India plant in Chennai will roll out its first tyre in November 2012. The company plans to produce three lakh radial truck tyres in the first year of operations, and cater to the domestic market, a top official said.



Michelin is setting up a manufacturing unit at Thervoy Khaidigia industrial area in Tiruvallur district, near Chennai, and would be investing Rs 4,000 crore over a seven-year period.

"The plant capacity would be 20 lakh radial truck tyres. It would provide direct employment to 1,500 people," said Nicolas Beaumont, Managing Director, Michelin India, who addressed the media here on Wednesday.

He noted that radialisation in the truck and bus segment was 14.5% in 2010, which could go up to 50% in 2020.

Source: French tyre maker Michelin to roll out India-made tyres by November 2012 | WheelsUnplugged
Michelin?s Chennai Manufacturing Facility on Track / News / News & Promotions / Home - www.michelin.in

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Michelin designs, manufactures and sells tyres for every type of vehicle, including airplanes, automobiles, bicycles, earth movers, farm equipment, heavy-duty trucks, motorcycles and the US space shuttle, on 69 production sites in 19 countries throughout five continents.
Their current tyres are being imported from Europe, so this might come as a good news. We should be expecting bike tyres soon too.

Noor

News approved

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princesirohi

this is another good news, but why start with truck tyres......

anyway, let us hope they start producinng bike tyres also very soon.

good news definitely....

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Aneesh@4GHz

+1^^^

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