Michelin to set up India R&D team

Reporting from the Michelin Challenge Bibendum event in China, Indian financial daily the Hindu Business Line shares that Groupe Michelin intends to establish an R&D team in India that will develop truck tyres for the Asian market. While the publication hasn’t published the comments to this effect that Michelin CEO Jean-Dominique Senard is said to have made on 13 November, it quoted Senard as saying Michelin’s presence in India is “just beginning” and that Michelin hoped to grow its presence in India soon. The new R&D team will apparently be based at Michelin’s development centre in Gurgaon, Haryana State.