Bridgestone announces $85 million (₹717 crore) investment in India
Bridgestone India Private Ltd. (BSID), a subsidiary of Bridgestone Corporation, has announced a growth in investment to expand capacity and capability in India. The investment will be directed to the Bridgestone Pune plant and the Indore plant, and the collective investment will be approximately $85 million (₹717 crore), with expansion scheduled to start from the beginning of 2025.
These efforts are expected to increase total production capacity at the Pune plant by approximately 1.1 million tyres annually by 2029. They will also improve capability to ensure premium tyre production at the Indore plant. Additionally, BSID will establish a satellite technology center at its Pune plant in 2025 to produce ‘Dan-Totsu’ products – Bridgestone's direction to be the clear and absolute leader.
These products will be optimised for the Indian market with ‘ENLITEN’ technology, which is Bridgestone’s base technology for product design. The satellite technology center at the Pune plant will also accelerate the technology development capability of the company, helping its engineering processes from material planning to product research, as well as design and manufacturing of tires for the Indian market.