Maxxis and Bridgestone plan new investments in India

According to local media, Bridgestone and Maxxis companies plan to step up their activities in India. Maxxis Group intends to invest an additional $100 million over the next five years to capture a 15% share of the two-wheeler tire market, while Bridgestone Corporation is set to increase its automotive tire production capacity by ten percent next year to meet growing demand from both OEM and aftermarket sides.