Leading tyre/technology expert Continental AG (Continental) plans to expand the production capacity of truck tyres at their Modipuram plant in Uttar Pradesh, India; to be carried out over the next 18 months, the expansion is expected to increase export volumes to the Asia Pacific (APAC) region, positively impacting Continental’s production cost and profitability.
The expansion of production capacity at the Modipuram plant will be the fourth biggest expansion at the facility in the last six years, said Continental India’s Vice President Kuldeep Singh. “Since we entered into the Indian market in 2011 and after the acquisition of Modi Rubber, our tyre business has grown substantially, introducing a variety of products for passenger cars and commercial vehicles. We also introduced the radial range of tyres to the Indian market.”
“Continental’s Modipuram plant has developed multifold since its acquisition in the year 2011. It must be mentioned that with Kuldeep Singh on board, we have won an experienced professional with solid management experience in the industry and within the company,” highlights Patrick Haarmann, Head of Manufacturing Commercial Vehicle Truck Tyres, Continental.
Continental was founded in Hanover, Germany, as a joint stock company. Manufacturing at the main factory currently includes soft rubber products, rubberised fabrics and solid tyres for carriages and bicycles.Social trends, such as the rapid growth of the world’s population and the resulting increase in urbanisation and demographic changes, form the foundation of Continental’s strategy and business activities; these center around safety, affordable mobility and information.