Continental confirms talks with Modi Tyres are underway
A Continental spokesperson has confirmed that the tyre manufacturer is engaged strategic talks aimed at increasing its involvement in the India market: “We intend to expand our activities in our tyre business in India.” The comments made by Dr Christiane Pfeiffer Continental’s global head of public relations, Commercial Vehicle Tires, suggested that the parties involved in the talks are on a good path and therefore that they are making progress. Still stopped short of confirming the identity of the other party or giving any details of what is being discussed.