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Japanese tyremaker Bridgestone on Monday announced the appointment of Hiroshi Yoshizane as its new Managing Director for India. He succeeds Stefano Sanchini, who will be moving into the role of VP of Consumer Replacement for Europe, Bridgestone India said. Yoshizane, who moves to the new role from Bridgestone Japan, is the third MD of Bridgestone's India operations in a little over one year. Sanchini had in January last year assumed the position from then-incumbent Parag Satpute. Earlier, Yoshizane served as executive vice president of solution business, retail, and service business in Bridgestone Tire Solution Japan Co Ltd, the company said. "India is a strategic, evolving, and growth market for Bridgestone, with a unique set of opportunities and challenges, as the country's automotive sector is poised for major advances both in terms of numbers and technology," said Yoshizane. The development follows Bridgestone Corporation's recent announcement regarding the global reorganisat
Japanese tyre maker Yokohama is betting on local production in India for a "sustainable and competitive" business model in the country, according to a top company official. Yokohama Rubber company, which is present in the country through a wholly-owned subsidiary, is coming up with a new plant in Visakhapatnam in addition to its existing plant in Bahadurgarh, Haryana. In an interaction with PTI, Yokohama India Managing Director and CEO Harinder Singh said the company can manufacture tyres of up to 18 inches in diameter within the country and has plans to extend this capability to accommodate tyre sizes of up to 22 inches, to cater to the demand for bigger-sized tyres. "While we still import certain high-end tyres, like run-flat tyres commonly found on luxury vehicles from our overseas manufacturing bases, our commitment to localising production in India is unwavering," he added. Singh said the company supports the government's decision to ban tyre imports into the country. "Yokoha