Maxxis Rolls Out 2-Wheeler Tyres From Sanand Facility
Indian market is expected to play a crucial role in meeting Maxxis’s global goal to become one of the top 5 tyre manufactures in the world by 2026.
Maxxis India, an arm of Maxxis Group, which in turn is a wholly owned subsidiary of Cheng Shin Rubber Ind. Co. Ltd., the largest 2-wheeler tyre manufacturer and the ninth largest tyre company in the world, has rolled out its first 2-wheeler tyres consignment from the recently set-up Sanand facility to Honda Motorcycle & Scooter India (HMSI). The company, one of the fastest growing tyre companies globally, has been supplying OEM tyres fitment to HMSI through its Vietnam facility since 2016.
Liu, Plant Head, Maxxis India, said that this is a landmark moment for Maxxis India as it marks the first ‘Made in India’ consignment delivery to its long-standing partners Honda Motorcycle & Scooter India. Maxxis has set high standards in providing benchmarked product quality and customer service, globally and India will be no exception. This happens to be the company’s first locally manufactured consignment to HMSI. However, Maxxis has been the preferred original equipment tyre supplier to Honda Activa since 2015, he said.
The first tyre model with 100 percent local manufacturing is the 90/100-10 M6000 for Honda Activa 5G, Activa i, and Dio scooters. This tyre is designed to provide extra strength and safety to the vehicles. The Sanand plant is a state-of-the-art manufacturing facility equipped with technologies of the future that enables world-class quality products. The facility is currently dedicated to manufacturing of 2-wheeler tyres and tubes and will have a capacity to produce around 20,000 tyres and 40,000 tubes per day.
Indian market is expected to play a crucial role in meeting Maxxis’s global goal to become one of the top 5 tyre manufactures in the world by 2026. Production from the first phase of the India facility began in August, 2017 and the company aims to supply 1 million tyres to its OEM partners by end of this year. Maxxis India is targeting to capture a market share of at least 15% of India’s 2-wheeler tyre market by 2023. Over and above supplying to the domestic tyre market of India, the product portfolio from the Sanand facility will be exported to South Asia, and will further expand to Africa and Middle East countries in the years to come. The company has also drawn up plans to come up with 5 more plants in India, which will also cater to the 4-wheeler tyres market.