Archive · 15 Jun 2025
Continental to Expand Tyre Business in India
Continental, a tyre maker, is investing in India to make more tyres for SUVs and sporty cars because these types of vehicles are becoming more popular.
They are putting 100 crore rupees into their factory to make larger tyres, up to 23 inches.
This move is to match what customers want.
The company is growing faster than the general market.
Continental decided to stop selling tyres for trucks and buses because it was difficult to make a profit due to competition and price sensitivity.
Continental plans to expand its passenger vehicle and light truck tyre business in India.
The company will focus on products for the growing utility vehicle segment.
A ₹100-crore investment is planned to increase production capacity at the Modipuram plant.
The investment will allow production of up to 23-inch tyres, up from the current 20-inch.
Continental exited the truck and bus radial tyre business due to price competition.
- Who
- Continental Tires India
- What
- Continental is expanding its tyre business in India.
- When
- Published on June 15, 2025.
- Where
- India, at the Modipuram plant.
- Why
- To align with evolving customer needs and focus on the growing utility vehicle segment.
Continental's Strategic Shift
Industry Competition
Market Focus
Continental's Strategic Shift
Focus on Passenger Vehicle segment, reflecting changing consumer needs.
Industry Competition
Focus on the growing utility vehicle segment and luxury cars.
- Investment Amount
- ₹100 crore
- Plant Location
- Modipuram, Uttar Pradesh
- Current Tyre Size Production
- Up to 20 inches
- Planned Tyre Size Production
- Up to 23 inches
- Focus
- Utility Vehicles and Luxury Cars
- Market Growth (Passenger Vehicle)
- 2-3% (average)
- Continental Growth
- Double digits