BUSINESS

Metro Tyres ties-up with Continental

NEW DELHI OCT. 5. Close on the heels of inking a deal with Continental AG to manufacture two-wheeler tyres for the German major on an outsourcing basis, Metro Tyres today tied up with Continental for the domestic market as well. Metro Tyres would manufacture and market `Continental- Metro' brand of two-wheeler tyres in India with technology from Continental, Continental Managing Director (Motorcycle Tyres), Jorg Essiger said. Metro would set up a new line at its Ludhiana plant having capacity of one lakh tyres and tubes a month, out of which 50 per cent would be exported to the German company while the rest would be sold in India, Metro Tyres Managing Director, Rummy Chhabra said.

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