Published On:November 15 2014
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Michelin plans development and research centre in India.
French tyre maker Groupe Michelin will soon set up a team in India to research and develop truck tyres for the Asia market, Groupe Michelin CEO Jean Dominique Sennard said here.
Michelin has a manufacturing presence in India with a plant in Tamil Nadu, which makes only truck tyres.
He was responding to a query on whether Michelin will respond to Prime Minister Narendra Modi's 'Make in India' initiative and convert Michelin into a global manufacturing hub for the mobility giant, one of only two tyremakers in the world manufacturing the entire range from bicycle to spacecraft tyres.
While manufacturing activity in India is unlikely to be scaled up to a global production centre anytime soon, Sennard said their India presence was 'just beginning' and that Michelin hoped to grow its presence in India soon.
HBL