Conti revives truck tire outsource deal with Modi

October 2009
Rubber & Plastics News;10/19/2009, Vol. 39 Issue 6, p14
Trade Publication
The article reports that the commercial vehicle tires division of Continental AG has revived a bias-ply truck tire collaboration with India's Modi Rubber Ltd. that began in 1974, and may extend it further. As per the latest agreement, Continental can have access to the Indian market where demand for truck tires stands at about 12 million units annually, with forecasted annual growth an average of about 7 percent. Modi will develop more than 1 million Conti-brand bias-ply truck tires.


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