Following the footsteps of the leading automobile manufacturing companies that include Ford Motors, Maruti Suzuki India and Honda Cars India, the tyre manufacturers in the country are seen marching towards Gujarat to set up their tyre making units. The top tyre market players Ceat Tyres and Apollo Tyres are already operating their production facilities there, while the third and latest inclusion has been in the form of MRF Tyres.
Ceat Tyres Ltd operates its Halol located facility which has the capacity to manufacture 10,000 tyres each day, while Apollo produces 10,000 commercial tyres and 15,000 passenger car tyres per day from its Waghodia (Vadodara) manufacturing unit.
Meanwhile, MRF has conveyed to the Gujarat government that in 28 months after acquiring the possession of the land, the company will commence its commercial manufacturing. The proposed unit is in line with company’s expansion program that takes forward the plan, which stated that company is scouting for manufacturing factory outside South India. Earlier in 2015, the Chennai-based tyre maker had announced the expansion in Tamil Nadu, which currently holds its three fully-functional production units. In southern India, the company has a total of eight manufacturing plants distributed among four states (Tamil Nadu, Kerala, Telangana and Andhra Pradesh), which has the collective production capacity of 1.2 lac tyres per day.
Besides MRF, Maxxis Group, a Taiwan-based tyre brand is also mulling over to set up its manufacturing base in Sanand with an investment of INR 2500 crore.