Bridgestone

Tyre maker Bridgestone India on Monday said it will invest over Rs 600 crore over the next three years to expand production capacity and upgrade technology at its Pune-based plant. Initial investment for capacity and technology upgradation will be 70 million euros (over Rs 600 crore), the company said in a statement. It will improve the plant capability in terms of technologies and capacities for the manufacture of tyres for the passenger car segment, it added. "Bridgestone India is bringing in its global technologies and manufacturing for the Indian market so as to suit the needs of aspiring Indian consumers that want more fuel-efficient tyres, and better products to suit the improved quality of Indian roads," Bridgestone India Managing Director Stefano Sanchini stated. As a global leader in tyre technology, the company is committed towards providing sustainable mobility solutions and the current investment of 70 million euros is in this direction, he added. The company, however,

Japanese tyre maker Bridgestone has appointed Stefano Sanchini as the head of its India operations with effect from January 1 next year. He will replace Parag Satpute, who will be heading to Amsterdam (the Netherlands) to assume a new global role in Bridgestone's Solutions Business, the company said in a statement. Sanchini is currently VP Region Middle-East and Africa, (MEA). Satpute will relinquish his current charge on January 1, 2023 and Sanchini will assume his role from the same date, the company said. As we move into new technologies and mobility solutions, the Indian market is going to be a focus area and I am happy to be here as we spread out these solutions to the vast Indian customer base, said Sanchini.

Japanese tyre maker Bridgestone is looking to scale up its manufacturing capacity by over 10 per cent next year amid the demand surge in both OEM and aftermarket segments, the company's India head, Parag Satpute has said. He also said that the company is working on rolling out its EV tyre technology in the domestic market, which is expected to see a higher penetration of electric vehicles amid the government's increasing push for green mobility. Bridgestone already has tyres catering to the EV segment in Europe, Japan and the US. A wholly-owned subsidiary of Bridgestone Corporation, the Pune-based Bridgestone India caters to both passenger and commercial tyre segment with as much as 20 per cent market share in the aftermarket domestic passenger car tyre market. The total size of the aftermarket domestic car tyre segment stands at around 2-million tyres per month. "We are running at a very healthy capacity utilisation across our both plants as in the last three years we have been .

Japanese tyre major Bridgestone Corporation on Tuesday announced organisational changes in its Indian operations, with Rajarshi Moitra to become Chief Commercial Officer and Sunil Puri appointed as Head of Sustainability.

As the government had been emphasising on extending the credit term to dealers and small vendors, the company took it in the right stride

Tyre maker Bridgestone India on Friday launched a new tyre, V-Steel Mix M721, for commercial vehicles to establish a strong presence in the drive axle tyre category

The move is aimed at unlocking untapped potential in both India and EMEA, the company said in a release

The investment will be done in a phased manner over the next five years, starting 2017

Justice R S Endlaw also restrained the Indian company Tolin Tyres

The new brand of tyres will be manufactured at its plants in Chakan, Pune and Kheda near Indore

Managing Director Kazuhiko Mimura said entry into the ever growing two-wheeler market will facilitate in providing a wider product range