Yokohama Rubber to construct car tire plant in India

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Yokohama Rubber to construct car tire plant in India
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# r, |8 K( _! A; _' H2 `8 ]Thursday, March 29, 2012

Tokyo - Yokohama Rubber will construct a passenger car-tire plant in the state of Haryana adjacent to Delhi, India. As the first phase, the company plans to begin operating the plant at an annual production capacity of 700,000 tires from July 2014. The total investment in construction of the plant is approximately 4.4 billion yen. In April 2008, Yokohama Rubber will construct the new tire plant as the production base of Yokohama India Pvt. Ltd., established in April 2007, as a wholly-owned subsidiary of Yokohama Rubber. Since July 2007, Yokohama India has been selling passenger-car tires for the replacement tire market through its own sales network.