Yokohama to expand tire capacity in India

Tokyo – Yokohama Rubber Co. Ltd is to expand production capacity for passenger-car tires at its manufacturing and sales subsidiary in India, the Japanese group has announced.

The ¥6.6 billion (€49 million) project will increase Yokohama India Pvt Ltd’s annual production capacity from 700,000 to 1,530,000 tires, according to 6 Feb press statement.

The move is in response to growth in India’s automotive market driving strong sales of tires, according to Yokohama.

“The company decided to expand local production capacity to avoid capacity shortfalls over the medium term,”…

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