Yokohama announces $82 million expansion of passenger car plant in India
The Yokohama Rubber Co., Ltd., announced that it is expanding passenger car tire production capacity in India to meet the increasing demands from the local market. With an additional investment of US$82 million, the company looks to increase its annual passenger car tire production capacity in India with Yokohama India Pvt. Ltd. (YIN), its local passenger car tire manufacturing and sales subsidiary, from the current 2.8 million to 4.5 million tires.
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