Tyre stocks: Global tyre makers accelerate make-in-India plans, buoyed by govt’s PLI scheme

Tyre stocks: Global tyre makers accelerate make-in-India plans, buoyed by govt’s PLI scheme

Global tyre manufacturers including the likes of Michelin, Bridgestone, and Goodyear are gearing up to invest in India’s manufacturing sector, with potential entrants Yokohama and Birla Tyre also eyeing opportunities under a government scheme that links imports to local investment, TOI reported on Wednesday. These investments, expected to total around Rs 3,000 crore, mark a … Read more