The manufacturing facility will focus on a range of Radial Truck/Bus tyres. The plant will start operations in 2012 and will focus on the growing Indian market.

Michelin Group and Tamil Nadu government signed a Memorandum of Understanding (MoU) for Michelin’s tyre manufacturing plant, 50 km north of Chennai at Thervoy Kandigai in Thiruvallur district. With a committed investment of Rs. 4,000 crores, the plant will be spread over an area of 290 acres and will absorb 1,500 workers locally.
 
The Memorandum of Understanding (MoU) in this regard was signed today by the Michelin management and the Tamil Nadu Government in the presence of Chief Minister Mr. Karunanidhi.
 
At the signing ceremony, Mr. Prashant Prabhu, President, Michelin Africa-India-Middle East, said, “I would like to express my deepest gratitude to the Tamil Nadu government for offering Michelin a gateway to this state and providing the project with the necessary infrastructure to commence operations here. It is also an honor for Michelin to be able to contribute towards the economic development of this State.”
 
“With the accelerating development of road and highways infrastructure and the number of ongoing road development projects, India is on course to offer customers the opportunity to extract the full value from radial tyres. We believe that India holds tremendous potential for the Michelin Group in terms of establishing a world class manufacturing facility.” Mr. Prabhu further added.
 
The manufacturing facility will focus on a range of Radial Truck/Bus tyres. The plant will start operations in 2012 and will focus on the growing Indian market.
 
Commenting on the occasion, Mr. Philippe Neyrat, Commercial Director, Michelin India, said, “We are committed to strengthening our presence in India and growing our business. The announcement of this plant is a major step towards achieving that objective as it augments our capability to cater to our customers with our world-class, best engineered quality products.”
 
“An increase in the focus of the Government to build better roads to support the challenges of mobility of people and goods in India will result in an ever increasing demand for Radial Truck/Bus tyres. With the announcement of this plant we are confident of providing the customers the latest technology products which provide cost-efficient solutions,” Mr. Neyrat further added.
 
From Europe to the Americas to Asia, every Michelin manufacturing plant around the world follows the same uncompromising code of quality. Michelin is a major player in the area of better mobility and is known for its spirit of innovation.

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