Gujarat’s automobile sector getting new heights where Tyre manufacturer are make their eyes for investment in Gujarat.
Thailand’s VE Rubber group will established their first new plant in India at Vithalapur, Gujarat. With VE group another six leading manufacturer of tyre companies interested in Gujarat for investments.
Taiwan’s company Maxi group will established new plant near Sanand with investment of around Rs 2600 crore which will have capacity to production of around 20,000 tyres per day.
Global manufacturer of tyre MRF will established their plan at Vilayat, Bharuch with investment of around Rs 4500 crore which will have capacity to production of around 23,500 tyres per day.
Plant of Ceat and Apollo tyres have been established in Gujarat. Ceat’s plant established near Halol and Apollo Tyre’s plant established near Vaghodiya, Vadodara. Which have capacity of
production about 10,000 commercial and 15,000 passenger vehicle tyres per day.