Conti Tires to produce radials in India from 2013
Following Continental’s recent acquisition of India’s Modi Tyres Company Limited, the German company has announced plans to expand its Indian market operations. Initial plans involve increasing Continental India Limited’s cross-ply truck and bus tyre production at its Modipuram factory to over 500,000 units per annum this year and further boosting output to more than a million units in 2013. On top of this, more than 50 million euros will be invested to equip the company for passenger car and commercial vehicle radial manufacture; Continental anticipates starting production of these tyres in the second half of 2013.
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