It’s a new entry for the tyre market in India. Continental – The German tyre maker on Thursday re-entered Indian four-wheeler tyre market with launching products for passenger cars and utility vehicles. Continental tyres is yet to talk with Tata Motors and Mahindra & Mahindra to be their original equipment suppliers. “The launch is a part of our overall growth strategy and commitment to the Asia Pacific region. With the growth in auto industry here, we believe that we should actively take part in India. We plan to develop a significant market share in India,” stated. The Continental Aktiengesellschaft Executive Vice President (Replacement Asia) Mr Andreas Esser,
Continental today launch tyres for passenger car and utility vehicle (UV) in the country for after-market, which would be imported from their 22 manufacturing facilities across the world, he added. When asked if the company decides to set up manufacturing facilities in India, Esser said: “Currently continental will be importing tyres only as sales are very low. Once it attains a good volume, then we may think of locally producing our tyres.” Mr Andreas Esser, however, refused to comment on the company’s investment in India. On its possible association with Indian OEMs, Esser said: “We are in discussion with Tata Motors and Mahindra & Mahindra for their domestic as well as export vehicles.”