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PUNE: Bridgestone India has declared its plan to launch a new plant at Chakan in Pune. The project would cost around Rs 2,600 crore to the company and would be ready for commercial production by 2013.
The proposed plant would have a capacity to produce around 10,000 units of tyres for passenger vehicles and 3,000 units of commercial vehicle tyres on a daily basis, by 2020.
Tyres manufactured here would have 40 percent of the lot as localized unit, thereby reducing company’s expenses on regular import from Japan.