Maxxis Tyres Inaugurates First Plant In India

Maxxis Rubber India Private Limited, a sub-company of the Maxxis Group, the largest two-wheeler tyre manufacturer in the world, has inaugurated its first manufacturing facility in India in Sanand, Gujarat.

- Bhargav TS

The plant was inaugurated by Vijaybhai Rupani, Chief Minister of Gujarat, in the presence of Tsai-Jen Lo, Chairman, Maxxis Group, Cheng-Yao Liao, President, Maxxis India and Jia-Ciao Liou (Gary), Spokesperson, Maxxis India.

The plant set up on 106 acres with an investment of over $400 million (Rs 2,640 crore) has the capacity to produce around 20,000 tyres and 40,000 tubes for two-heelers daily. With this size and capacity, the company is targeting a market share of at least 15% of India’s tyre market within 5 years. Maxxis Rubber India started its own arm of business in India in 2015.