Rising global demand for off-road tyres for agricultural, forestry, construction and industrial applications has prompted Yokohama Rubber Group to further increase the production capacity of its new Visakhapatnam plant in India.
Currently being built on a 39ha site, the additional investment of US$171m will double the new plant’s planned daily production capacity. Scheduled to begin in the first quarter of 2023, the first stage will see the production capacity reach 55t of rubber a day.
Planned to start early 2024, the second stage will see this volume rise to 123t. The site has room for further expansion in the future.
As well as the plant at Visakhapatnam, and the recently expanded facility at Dahej (also in India), Yokohama Rubber also has a factory in Israel. With Alliance, Galaxy and Primex, these plants produce three of the Group’s core off-highway tyre brands.