Continental To Invest Rs 1 Billion in India Tyre Market

11 Jun 2025 CW Team

Continental Tires, a global leader in premium tyre manufacturing, has announced an investment of approximately Rs 1 billion to upgrade its production capabilities at the Modipuram plant in Uttar Pradesh. The move is aimed at strengthening the company’s presence in India’s rapidly growing Passenger Car and Light Truck (PLT) tyre market.

This strategic investment falls under Continental’s “in the market, for the market” approach, focusing on localised solutions tailored to Indian drivers. The expansion will allow Continental to develop tyres offering enhanced comfort, safety, and performance for evolving travel habits—from city commutes to long-distance highway travel.

Samir Gupta, Managing Director of Continental Tires India, stated, “We are aligning our product portfolio with the changing lifestyle needs of Indian consumers. Our focus is to support their increasing expectations in comfort and safety with globally benchmarked products developed locally.”

A key driver behind the investment is India’s fast-paced infrastructure development and the rising demand for Utility Vehicles (UVs). Continental is expanding its premium tyre range, especially in the Ultra High Performance (UHP) and Ultra Ultra High Performance (UUHP) categories, targeting SUVs, 4x4s, and sporty models. The company also plans to launch the CrossContact AT2, an all-terrain tyre, to cater to varied driving needs.

Continental currently operates over 200 branded stores across India, runs manufacturing operations in Modipuram, and recently opened an IT hub in Bengaluru. The company reaffirmed its long-term commitment to India’s automotive sector and aims to consolidate its reputation as a premium tyre partner for Indian consumers.

Infrastructure Urban

03 Apr 2026

Centre Disburses Over Rs 24,610 mn in XV Finance Commission Grants

The Union Government has released XV Finance Commission tied grants during the financial year 2025–26 to rural local bodies in Chhattisgarh, Gujarat, Madhya Pradesh, Punjab and Sikkim and has released withheld portions of tied and untied grants to Himachal Pradesh, Odisha and Tripura. The total disbursal exceeded Rs 24,610 mn, with figures expressed in million (mn) thereafter. The releases cover allocations pertaining to different financial years and aim to strengthen rural local governance. State-wise disbursements included Rs 3,324.6 mn for Punjab, Rs 9,432.7 mn for Madhya Pradesh, Rs 3,47..

Centre Releases Over Rs 15 bn as XV FC Grants to Rural Bodies

The Union Government has released over Rs 15 bn in grants recommended by the Fifteenth Finance Commission (XV FC) to strengthen Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in six states. The funds comprise tied and untied grants disbursed in FY 2025–26. Telangana received Rs 2.48 bn as the first instalment of untied grants for FY 2025–26, benefitting 12600 Gram Panchayats (GPs). Uttarakhand received Rs 913.1 mn as the second instalment and an additional Rs 18.4 mn of a withheld first instalment was released to a further 216 GPs. Mizoram is included among beneficiary st..

Government Assures Fuel Supplies And Seafarer Safety Amid West Asia Developments

The Government of India has stepped up coordinated measures to maintain stability in critical sectors as developments in West Asia continue to unfold. It has prioritised uninterrupted energy supplies, safeguarded maritime operations and extended consular assistance to nationals. Central authorities are working with State and Union territory administrations to ensure timely information dissemination and operational continuity. Refineries are reported to be operating at high capacity with adequate inventories of petrol and diesel, and domestic LPG production has been increased to support consump..