Maxxis aiming for 15% of India’s two-wheel tyre market, planning additional factories

22nd August 2018 | 0 Comments
 
Maxxis aiming for 15% of India’s two-wheel tyre market, planning additional factories
Maxxis employees in India celebrate the first local shipment of OE tyres to Honda

The Maxxis Group’s first tyre factory in India opened in March. The facility in Gujarat state was set up with an investment of US$400 million and began operating with an initial daily capacity of 20,000 tyres and 40,000 tubes. Maxxis Rubber India shares that original equipment tyres have now begun to be shipped from the 43-hectare Sanand plant to Honda Motorcycle & Scooter India (HMSI), and it plans to supply one million tyres to its OEM partners by the end of the year. Furthermore, the tyre maker intends to complement its recently-opened plant with five additional factories in India that will produce tyres for other segments.

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