The plant, spread across a massive 106 acres, will have a capacity to produce around 20,000 tyres and 40,000 tubes per day.
With this size and capacity, the company is targeting a market share of at least 15 per cent of India's tyre market within five years, Maxxis said in a statement.
"We monitored the market for over two decades and then devised the strategy for entering India. The manufacturing plant in Sanand is only the first step of Maxxis' full range appearance in the country," Maxxis India President Cheng-Yao Liao said.
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