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Taiwanese tyre maker Maxxis Group will invest around ₹2,600 crore for its upcoming facility at Sanand GIDC and will manufacture about 10,000 tyres per day for two-wheelers, which will be increased in a phased manner.
Company's chairman Tsai-Jen Lo met Gujarat Chief Minister Anandiben Patel and updated her on the company's investment plans in the state.
The company has been allocated 43 hectares of land for the tyre manufacturing facility, which is expected to be commissioned by 2016. The plant will employ about 2,000 people and will also participate for the skill development of youth in this area.
"Talked about collaboration between Maxxis group & GoG to establish centers for skill development & upgradation to impart skill-training," the Chief Minister posted on her micro-blogging site Twitter.
Maxxis Group plans to manufacture about 10,000 tyres for two-wheelers and about 20,000 tubes per day beginning 2016.
Senior company officials had visited Gujarat and met the Chief Minister in October 2014 for the finalisation of the proposed plant.
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