Bridgestone India will increase the production capacity of premium passenger car tires at its Pune and Indore plants. The investment will be around $85 million and will begin in phases starting at the beginning of 2025. The Pune plant will increase its annual production capacity by approximately 1.1 million tires by 2029, and the Indore plant will invest in quality...
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NOK Opens New Indian Plant for Automotive Sealing Products
NOK group company Freudenberg NOK has built a new plant for automotive sealing products in Morinda, India, and held an opening ceremony on October 15. The Morinda plant was constructed following the termination of the contract for the Basma plant in the state of Punjab, with a view to increasing production in India, a growing market. As a manufacturing base...
Toyoda Gosei Completes Expansion of Airbag Plant in Northern India
Toyoda Gosei has completed the expansion of Toyoda Gosei Uno Minda India’s Neemrana plant and began production in September. The expansion, which was underway to meet growing demand for airbags in India, has increased the plant’s building area from 21,000 to 35,000 square meters. The plant is located in Neemrana, Rajasthan, India, and produces safety system products such as various...
Bridgestone Looks to India for High-Pressure Hose Business
Bridgestone’s hose business reported higher sales and profits in the first half of fiscal 2024 (January-June 2024) compared to the same period last year. Sales of high-pressure hoses for construction machinery were strong, especially in overseas markets, and exceeded the double-digit sales growth of the same period last year by several more percent, reaching a record high in the first...
Toyoda Gosei to Build a New Plant in Southern India
Toyoda Gosei will build a new plant for safety system products and interior/exterior parts in Harohalli, Karnataka, India. The investment will be approximately 2.05 billion rupees ($24.52 million), and production is scheduled to begin in January 2026. The new plant will be constructed to respond to the expansion of automobile production in India. With a land area of approximately 40,000...
Kato Sansho Acquires Shares in Indian Synthetic Resin Compounding Company
Rubber raw materials trading company Kato Sansho signed on May 22 a third-party capital increase agreement with Indo-Japan Polymers (Chennai, India), a manufacturer of synthetic resin compounds, mainly colour masterbatches, acquiring a 53% stake in the company. Combined with the Kato Office, which has already acquired shares in the company, this means that the company has acquired 84% of the...