Maxxis Tyres Plant Inaugurated
MAXXIS TYRES, “THE LARGEST TWO-WHEELER TYRE MANUFACTURER IN the world”, have established their facility in Sanand, Gujarat. Spread over an area of 106 acres and the result of an outlay of nearly Rs 2,650 crore, this plant will initially produce 20,000 tyres and 40,000 tubes per day.
Maxxis hope to capture 15 per cent of the tyre market share in India following the commissioning of this plant, which was officially inaugurated by Gujarat Chief Minister Vijay Rupani in the presence of Tsai-Jen Lo, Chairman, Maxxis Group; Cheng-Yao Liao, President, Maxxis India; and Jia-Ciao Liou (Gary), Spokesperson, Maxxis India.
Speaking on the occasion, Liao said, ‘We are fully committed to the government’s “Make-in-India” initiative and our intent is to “Make in India” for the world. We monitored the market for over two decades and then devised the strategy for entering India. The manufacturing plant in Sanand is only the first step of Maxxis’s full range appearance in the country.’
Maxxis hope to expand their manpower from 600 to 2,000 employees in the next five years, thus signifying that they are quite serious about their presence in the Indian market.