Goodyear invests in India

New Delhi, India — The Goodyear Tire & Rubber Company has announced that it will invest US$ 18 million (Rs. 80 crore) in its Indian operations in 2006, as part of its second phase of capacity expansion in the country. The investment will result in increased production capacity for tubeless radials in the passenger tyre segment. Part of this investment will be for technology upgrades.

According to Pierre Cohade, Goodyear’s president for Asia Pacific region, who is currently on a visit to India, …

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