Bridgestone raises capex at Indore plant
PUNE: Bridgestone, the Japanese tyre and rubber maker, said it has expanded its production capacity with an investment of Rs 350 crore at its Kheda factory, near Indore in Madhya Pradesh. This factory produces a range of radial tyres for the passenger vehicle (PV) segment in Asia's third biggest car market. Last fiscal, India sold more used cars in the market than the new cars rolled out from the factories to dealerships.
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