Bridgestone India to invest over $300mn in manufacturing plants

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Pune, Aug 9 (IANS) Tyre major Bridgestone India on Tuesday announced its expansion plans which entail an investment of $304.3 million (Rs 1,900 crore).

According to the company, investment will enable its plants located at — Pune (Chakan) and Indore (Kheda) — to meet increased demand owning to growing vehicle population and production.

“The investment will be done in a phased manner over the next five years starting 2017,” the company said in a statement.

–IANS

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