Bridgestone to invest $85 mn in tyre production

06 Dec 2024 CW Team

Bridgestone India (BSID) is investing $85 million to expand its Pune and Indore plants, boosting annual tyre production by 1.1 million units by 2029 and enhancing premium tyre capabilities.

A satellite technology centre at Pune in 2025 will develop customised "Dan-Totsu" products using "ENLITEN" which will accelerate the development capability of the company’s entire engineering chain. Through this latest investment, BSID aims to focus on creation of social and customer value in India.

TIL strengthens global partnership
TIL Limited has renewed its five-year dealer sales and service agreement with Hyster-Yale Asia-Pacific, retaining exclusive distribution rights for Hyster products in designated territories. It will provide sales, support, and after-sales services, leveraging Hyster-Yale’s expertise to enhance customer satisfaction. The agreement also emphasises continuous training and skill development for TIL's teams bolstering its position in material handling. This strategic renewal marks a significant milestone in TIL's 80 year legacy. TIL Limited was established in 1944 and has contributed to numerous infrastructure projects.

Sany India secures 1.6 GW wind turbine contracts

Sany India has secured wind turbine sales agreements totalling 1.6 GW, including 1,324 MW with JSW Group subsidiaries and 300 MW with Sembcorp India. This milestone reflects Sany’s rapid growth in India’s wind energy sector; offering advanced 4 MW turbines certified by the Union Ministry of New and Renewable Energy (MNRE). In the first half of 2024, it sold wind turbines with a capacity of 3.3 GW, a 121 per cent increase from the previous year, according to the company’s semi-annual earnings report. Revenue from wind turbine sales and related parts reached $687.1 million accounting for almost 94 per cent of the company’s total revenue. Sany aims to partner with domestic firms to boost renewable infrastructure.

Sany Marine achieves breakthrough
Sany Marine Heavy Industry, a subsidiary of Sany Group, has advanced tire crane automation with its H-Move2.0 intelligent system at Tianjin Port, boosting efficiency to 20 moves per hour—an industry first. This innovation supports the shift towards green, digital, and intelligent ports, aligning with global carbon reduction goals ahead of COP29. Sany Marine’s solutions include real-time anti-shaking and anti-twisting technologies, GPS, AI visualisation, and 3D imaging, enhancing reliability and safety. The system’s automation ratio allows one operator to manage six cranes, highlighting its transformative impact. Sany remains committed to driving low-carbon strategies and advancing green port machinery development globally.

JK Tyre is the first Indian tyre company to join RE100
JK Tyre & Industries has committed to 100 per cent renewable electricity by 2050, becoming the first Indian tyre company to join RE100. By FY30, it aims to reduce greenhouse gas emissions intensity by 50 per cent from 2019 levels. Currently, 40 per cent of its energy is renewable, and it has reduced emissions intensity by 64 per cent since 2013-14. All facilities are zero liquid discharge, zero-waste-to-landfill, and free of single-use plastic. RE100 is a global initiative with over 400 members.

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Bridgestone India (BSID) is investing $85 million to expand its Pune and Indore plants, boosting annual tyre production by 1.1 million units by 2029 and enhancing premium tyre capabilities.A satellite technology centre at Pune in 2025 will develop customised Dan-Totsu products using ENLITEN which will accelerate the development capability of the company’s entire engineering chain. Through this latest investment, BSID aims to focus on creation of social and customer value in India. TIL strengthens global partnershipTIL Limited has renewed its five-year dealer sales and service agreement with Hyster-Yale Asia-Pacific, retaining exclusive distribution rights for Hyster products in designated territories. It will provide sales, support, and after-sales services, leveraging Hyster-Yale’s expertise to enhance customer satisfaction. The agreement also emphasises continuous training and skill development for TIL's teams bolstering its position in material handling. This strategic renewal marks a significant milestone in TIL's 80 year legacy. TIL Limited was established in 1944 and has contributed to numerous infrastructure projects.Sany India secures 1.6 GW wind turbine contractsSany India has secured wind turbine sales agreements totalling 1.6 GW, including 1,324 MW with JSW Group subsidiaries and 300 MW with Sembcorp India. This milestone reflects Sany’s rapid growth in India’s wind energy sector; offering advanced 4 MW turbines certified by the Union Ministry of New and Renewable Energy (MNRE). In the first half of 2024, it sold wind turbines with a capacity of 3.3 GW, a 121 per cent increase from the previous year, according to the company’s semi-annual earnings report. Revenue from wind turbine sales and related parts reached $687.1 million accounting for almost 94 per cent of the company’s total revenue. Sany aims to partner with domestic firms to boost renewable infrastructure.Sany Marine achieves breakthroughSany Marine Heavy Industry, a subsidiary of Sany Group, has advanced tire crane automation with its H-Move2.0 intelligent system at Tianjin Port, boosting efficiency to 20 moves per hour—an industry first. This innovation supports the shift towards green, digital, and intelligent ports, aligning with global carbon reduction goals ahead of COP29. Sany Marine’s solutions include real-time anti-shaking and anti-twisting technologies, GPS, AI visualisation, and 3D imaging, enhancing reliability and safety. The system’s automation ratio allows one operator to manage six cranes, highlighting its transformative impact. Sany remains committed to driving low-carbon strategies and advancing green port machinery development globally.JK Tyre is the first Indian tyre company to join RE100JK Tyre & Industries has committed to 100 per cent renewable electricity by 2050, becoming the first Indian tyre company to join RE100. By FY30, it aims to reduce greenhouse gas emissions intensity by 50 per cent from 2019 levels. Currently, 40 per cent of its energy is renewable, and it has reduced emissions intensity by 64 per cent since 2013-14. All facilities are zero liquid discharge, zero-waste-to-landfill, and free of single-use plastic. RE100 is a global initiative with over 400 members.

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