Bridgestone India Invests Additional ₹717.9 Crores India For Premium Tyre Production

To further expand its capacity and capability in India, Bridgestone India has received fresh investment from Bridgestone Corporation to the tune of $85 million (which is equivalent to ₹717.9 crores). The tyre manufacturer announced today that the investment will focus on enhancing both its Pune and Indore facilities, with the expansion project scheduled to begin in early 2025.

The expansion will substantially increase the Pune plant's production capacity, adding approximately 1.1 million tyres annually by 2029. Meanwhile, the Indore facility will see improvements in its premium tyre manufacturing capabilities.

Additionally, Bridgestone India plans to establish a satellite technology centre at its Pune facility in 2025. This centre will focus on developing tyres that will be specifically tailored for Indian roads and will be available for all three ICE, hybrids and EV cars. The new centre aims to strengthen the company's entire engineering process, from material planning to manufacturing.

(Also Read: Bridgestone Launches New Tyres For Premium Cars)

The investment comes as Bridgestone sees strong growth potential in India's premium passenger tyre segment. The company cites positive economic indicators and growing automotive ownership and production as key factors driving this expansion. The expansion project aligns with Bridgestone's Mid Term Business Plan (2024-2026), which emphasises "Create good tyres" and "Create good business" as key initiatives. Through this investment, the company aims to strengthen its position in India's premium tyre market, particularly in the High Rim Diameter (HRD) tyres segment, where demand continues to grow.