The company is investing $400 million on its first manufacturing plant at Sanand in Gujarat, where it is working to hike output
Tyre maker Maxxis India today said it has commenced commercial supplies from its new plant at Sanand. The first consignment of two-wheeler tyres for long-time partner Honda Motorcycle & Scooter India (HMSI) has been rolled out from the plant, Maxxis India said in a statement. The company has been supplying original equipment manufacturer (OEM) tyres fitment to HMSI through its Vietnam facility since 2016, it added. Commenting on the development, Maxxis India Plant Head Chun-Hsuan Liu said, "This is a landmark moment for us at Maxxis India as we mark the first 'Made in India' consignment delivery to our long-standing partners Honda Motorcycle & Scooter India." The Sanand plant is currently dedicated to manufacturing of two-wheeler tyres and tubes and will have a capacity to produce around 20,000 tyres and 40,000 tubes per day, the company said. Maxxis has invested USD 400 million (Rs 2,640 crore) in setting up the facility. Besides HMSI, the company also serves as an OEM tyre ..