more-inFrench tyre major Michelin is set to double its production capacity at its Chennai plant by the end of calendar 2018 to sustain growth momentum. Michelin India established its modern radial truck and bus tyre manufacturing facility at SIPCOT Thervoy Kandigai Industrial Park, near Chennai in 2010-11, investing ₹3,500 crore. We will not be producing these two-wheeler tyres,” he said. On Tuesday, Michelin announced a pact with Ashok Leyland to supply Michelin X Guard range of radical truck tyres for its Captain 3718 Plus long- and medium-distance commercial vehicles. The new range of radial truck tyres will offer up to 10% savings in fuel, is exclusively designed, engineered and made for India, said Mohan Kumar, executive vice president, Michelin India

Source: The Hindu October 10, 2017 15:17 UTC