Maxxis opens 2-wheeler tire plant in India
Maxxis International has launched its first tire manufacturing plant in India. The facility was inaugurated by Gujarat Chief Minister Vijaybhai Rupani.
Capacity at the Ahmedabad plant is rated at 20,000 motorcycle tires and 40,000 tubes a day in phase-one. The Taiwanese company invested $400 million to build the plant, its first in India.
The tire maker operates six plants in Taiwan; eight in China; and one each in India, Indonesia, Thailand and Vietnam. Capacity totals over 1 million tires a day.
Maxxis Tires is a wholly owned subsidiary of Cheng Shin Rubber Ind. Co. Ltd., the largest two-wheeler tire manufacturer and the ninth largest tire company in the world.
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