Bridgestone announces its first Off-the-Road (OTR) Dealership in India - 23/12/2010
Mumbai, December 23, 2010: Bridgestone India Private Limited, the subsidiary of Bridgestone Corporation who is the world's no.1 Tyre
& Rubber manufacturer and a leading manufacturer of off-the-road (OTR) tyres, launches world class steel belted OTR Radial Tyre for Indian Replacement Market in association with their business partner, M/S Galaxy Motors and M/s Dixon Tyres & Accessories, New Delhi.
Radial Tyres are the next growth catalyst for the Indian Tyre industry. As per industry demands, the overall Radialisation market is expected to improve from 2% in 2010 to 6% in 2014. The dumper segment is expected to witness maximum Radialisation from 3% in 2010 to 9% in 2014. Industry sees a growing shift towards heavy tonnage vehicle (100 to 240 Tones). The OTR Tyre demand in Radial construction is expected to receive remarkable growth (source: Crisil).
Speaking on the announcement of first off-the-road tyre dealership in India, Mr. H. Tanigawa, Managing Director, Bridgestone India Pvt. Ltd. said, "The Indian Government's thrust on building road infrastructure, the golden quadrilateral project, and increasing acceptance of Radial Tyres has created new opportunities for the Tyre industry. We at Bridgestone India, have for the first time entered into OTR Replacement business in India together with M/S Galaxy Motors and M/s Dixon Tyres & Accessories to offer world class steel belted OTR Radial tyre to Indian customers and are sure that this association will reap rewards.
Bridgestone is committed to enhancing its lineup of strategic products, including Large OTR Tyres, and will continue efforts and ensure supply of high - quality products that satisfy needs of our customers.
About Bridgestone India: Bridgestone India Pvt. Ltd started its operations in 1996. In March 1998 with setup of its manufacturing facility in Kheda, Madhya Pradesh, Bridgestone achieved its objective of running Indian manufactured Bridgestone tyres on Indian Roads. In a short stint of 13 years Bridgestone India Pvt. Ltd is one of the leading tyre companies in both the OEM & Replacement market.