Maxxis India starts supply of tyres from Sanand plant in Ahmedabad
Maxxis has invested $400 million (Rs 26.4 billion) in setting up the facility Tyre maker Maxxis India on Monday said it has commenced commercial supplies from its new plant at Sanand. The first consignment of two-wheeler tyres for long-time partner Honda Motorcycle & Scooter India (HMSI) has been rolled out from the plant, Maxxis India said in a statement. The company has been supplying original equipment manufacturer (OEM) tyres fitment to HMSI through its Vietnam facility since 2016, it added. Commenting on the development, Maxxis India Plant Head Chun-Hsuan Liu said, "This is a landmark moment for us at Maxxis India as we mark the first 'Made in India' consignment delivery to our long-standing partners Honda Motorcycle & Scooter India." The Sanand plant is currently dedicated to manufacturing of two-wheeler tyres and tubes and will have a capacity to produce around 20,000 tyres and 40,000 tubes per day, the company said. Ar...