New Delhi, Sep 28
Metro Tyres has increased production of its Metro-Continental motorcycle tyres from 25,000 units to 50,000 a month. It plans to increase the production to one lakh within 12 months at an investment of Rs 10 crore.
The company is also planning a new facility to manufacture motorcycle, scooter and three-wheeler tyres. The final decision of location of the facility will be taken shortly, the company said in a release.