Trelleborg invests in two-wheeled vehicle tyres plant in India

December 10, 2018

TrelleborgSweden-headquartered engineered polymer solutions specialist Trelleborg , through its Trelleborg Wheel Systems business area, is  invest in a production facility in India for the manufacture of tyres for two-wheeled motor vehicles, thereby creating a platform for global growth and increased production capacity. The investment forms part of Trelleborg’s strategy to strengthen its positions in attractive market segments.

Trelleborg’s existing manufacture of tyres for two-wheeled motor vehicles is concentrated in Europe. Products include tyres for selected niches, such as enduro and motocross, as well as scooters, mopeds and motorcycles. This investment will enable Trelleborg to continue to grow in Europe but also in regions such as North America and selected parts of Asia.

A joint venture (jv) will be formed, whereby Trelleborg and Yogesh Agencies & Investments Private Limited, owned by the entrepreneur family Mahansaria, to manufacture tyres for two-wheeled motor vehicles. The jv will establish a production site in in Western India. Tyre deliveries are expected to start at the end of 2020. Trelleborg will own 24% of the jv and will be responsible for the development and sales of Mitas tyres, as well as retaining ownership of the Mitas brand. In India and the other SAARC countries, except Sri Lanka, the Mahansaria family will be responsible for the sales of Mitas tyres for two-wheeled motorcycles.

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