According to previous related announcements, the two factories invested a total of 720 million U.S. dollars, or 5.04 billion renminbi. Among them, the factory in Gujarat state in India will have a production capacity of 20,000 sets of motorcycle tyres and inner tubes per day in the first phase. The company said at the meeting: "The factory has been completed and is waiting for approval from the regulatory authorities." Another tire factory in Indonesia is expected to invest 400 million U.S. dollars, mainly to produce passenger car tires and motorcycle tire factories, and will begin operations later this year. The company invested $320 million in the plant's budget in 2013. After the completion of the two tire factories, the new production base will be 16 factories: 6 in Taiwan; 8 in mainland China and the other four in Thailand, Vietnam, India and Indonesia. The daily tire production capacity exceeds 1 million in total. Not long ago, Zhengxin Tire was ranked No. 10 in the "Brand Finance Tyres 10 2017" released by Brand Finance, a British brand assessment agency. Custom Flatbed Tarps,Flatbed Tarps For Sale,Custom Truck Tarps,Truck Polyester Tarps Shandong Lufan Technical Textiles Co.,LTD , https://www.lufantarps.com
Zhengxin Tire rebuilds overseas factory
Zhengxin Tire rebuilds overseas factory Nissan tire capacity exceeds one million
A few days ago, Taiwan's tire manufacturer Zhengxin Group stated at a recent investor conference that its new factories in India and Indonesia will start production in 2017.