Continental Enters Radial Truck Tyre Market in India
www.chinatrucks.com: Continental has taken another step towards its expansion plans in India. The manufacturer has announced its entry in to the radial truck tyre market. It will cater to goods, people and construction segments. The company has an annual production capacity of 2,20,00 radial tyres and will be providing its products through their network of 1400 outlets which spread across 70 cities throughout the country.
Continental has introduced the HSR2 steer tyre and the HDR2 drive tyre in the goods segment, coach tyre for the people segment and HSX2 and HDX2 tyres for the construction segment. In order to train its local staff on the new production machines and techniques it bought some of the employees from its international operations and also sent a number of local employees abroad for training.
India is the second largest truck tyre market in Asia-Pacific and Continental has elaborate plans for this country. It has invested heavily in to its facilities here and expects good sales in the expanding truck radial tyre market. Apart from new tyres the company is also targeting the truck tyre replacement market which is seeing rapid radicalization.
Speaking on this, Andreas Esser, head of Commercial Vehicle Tires business, Continental said, “Introducing Continental radial truck tires into the Indian market is a momentous occasion for us. India is the second largest market for truck tires in the Asia-Pacific region (APAC) and we strongly believe that our premium technology products, manufactured locally and distributed through our Indian market organization, will make Continental a preferred partner in the tire replacement and original equipment business.”
Views:0
- FAW Jiefang and Continental Group Jointly Launches Internet of Vehicles at CES 2019-01-16
- FAW Jiefang and Continental AG to Jointly Build Internet of Commercial Vehicles 2018-03-09
- SINOTRUK and Continental Automotive Renewed the Contract to Achieve Win-win 2016-11-10
- Continental to Show Dandelion Rubber Bus Tyres 2016-09-30
- Continental Previews New Truck Tire 2014-03-13
- Continental ContiTech opens R&D center in China 2013-03-12
- Continental, Michelin retreads verified under EPA's SmartWay program 2012-09-17
- German Continental AG to expand capacity in America 2010-08-26
- Continental AG plans to sell 4 million turbo-chargers 2010-08-04
- Continental AG will increase 30% staff at Indian base 2010-07-06
Submit Your Requirements, We Are Always At Your Service.
- BYD Stopped the Production of Fuel Vehicles
- Geely Began Test Runs of Green E-methanol Vehicles in Danmark
- 2022 SANY Global Dealer Summit Was Held Successfully Online
- BYD and Shell Partner on EV Charging across China and Europe
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021
- Scania Year-end Report January-December 2021
- Hyundai Motor and Iveco Group Sign MOU to Explore Future Collaboration
- GAUSSIN Enters China, the Largest Truck Market in the World
- Over 1,200 Hydrogen-powered Vehicles Deployed for the Beijing Winter Olympics
- Chinese New Year Holiday Closure Notice
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February
- China's New Energy Heavy Trucks Grew Despite an Overall Slump
- Heavy-duty Truck sales in China Fell by 54% to 54,000 units in February
- SINOTRUK Achieves Sales of 27,725 Vehicles in January, 2022
- China’s Domestic Tractor Sales Exceed 40,000 Units in January
- 2021 JAC International Pickup Export Performance
- JAC Achieved a Great Result in 2021
- China's Truck Export in 2021 Reached a 10-year Peak
- Heavy-duty Truck Sales in China Fall 57 Percent on Year in January
- China Recorded Sales of 645000 Tractors in 2021
