Goodyear Expands Capacity in India

(Akron/Tire Review) Goodyear India Ltd. has nearly completed a major expansion at its passenger tyre plant in Aurangabad, India, boosting its annual capacity to 1.8 million tyres. Goodyear hopes the increase in radial production, due to start in June, will help it become one of India’s top selling tyre brands.

In addition to the production increase, Goodyear reportedly plans to open 42 more branded retail tire stores across India, which will give it 59 company-tagged stores and 8,200 distribution points in India. Goodyear has an 18 per cent share of the country’s radial passenger and truck tyre segments, and a 35 per cent share of India’s farm tyre market.