Falcon Tyres Contemplates Industrial, OTR Tyre Market

Indian two and three wheeler tyre manufacturer Falcon Tyres has plans to diversify, a move the company says will lead to a doubling of production capacity. This news comes from no less a figure than company chairman Pawan K. Ruia, who said that Falcon is considering entering the industrial and OTR tyre market.

“We are working on the plan and it should be finalised in two months,” he announced to media after the company’s AGM in the city of Bangalore. To achieve this goal Falcon will either expand its existing facility in the city of Mysore, in southwest India or establish a new one in a state that offers tax concessions. The states of Himachal Pradesh and Uttaranchal have been named as contenders for this investment.

In addition, Falcon is expanding its tyre capacity from 550,000 to 750,000 tonnes and that of tube production from 250,000 tonnes to 375,000 tonnes. Overall, 110 tonnes of rubber products a day will be produced. The new lines will employ an additional 300 persons and most likely enter production before the end of the year.