Cheng Shin Rubber Industrial Co. Ltd. is ready to start production this year at its new plants in India and Indonesia. The two plants represent $720 million in investment.
Located in Gujarat province, the Indian plant has 20,000 unit daily capacity for motorcycle tires and tubes in phase one.
The Deltamas, Indonesia, plant for passenger car and motorcycle tires will begin operation later this year, as “construction was delayed due to the country’s excessive rainfall last year,” said Lo Yung Li, Cheng Shin’s assistance vice president.
The new plants bring Cheng Shin to sixteen factories, with capacity totals of over one million tires a day: six in Taiwan; eight in China; one each in India, Indonesia, Thailand and Vietnam.
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