Maxxis Tyres opens its first manufacturing unit in India

Maxxis Rubber India - a Maxxis Group company, has launched its first manufacturing facility in Sanand, Gujarat. The plant was inaugurated by Mr. Vijaybhai Rupani, Chief Minister, Gujarat in the presence of Maxxis Group Chairman Mr. Tsai-Jen Lo, President of India Operations Mr. Cheng-Yao Liao and Spokesperson Mr. Jia-Ciao Liou.

The company has invested Rs. 2,640 crore in the new facility that is spread across 106 acres. It currently employs 600 people but the workforce is expected to grow to 2,000 within 5 years. The plant will churn out tyres and tubes for 2-wheelers and has a capacity to produce 20,000 tyres and 40,000 tubes per day. With this, the company aims to increase its market share in India to 15% within the next 5 years.

Maxxis is the OEM tyre supplier for Honda 2-wheelers, Maruti Suzuki, Mahindra, Tata and Jeep in India. The company will initially also export to South Africa, with other countries in the Middle East and Africa to follow.