Tuesday, July 27, 2021
News

Maxxis India targets 15% share in 2-wheeler tyre market

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Chennai | Wednesday, 2021 9:45:06 PM IST
Targeting 15 per cent market share in the two-wheeler segment by 2023, automotive tyre maker Maxxis India on Wednesday said it will expand its distribution network by 5-7 per cent or 150-210 dealers by the end of this year.

According to Maxxis India, it added over 800 dealerships in FY21 taking the total tally to 3,000.

"With our vision to achieve 15 per cent of India's two-wheeler tyre market by 2023, the expansion of dealerships is a significant step in this direction," Chu Tsang Chih (Kurachi), Director, Maxxis India said.

The company is trying to set up at least one dealership with the population of more than 30,000 in a village which will establish trust and generate business growth.

--IANS vj/dpb

( 133 Words)

2021-06-16-15:50:03 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
ESAF Small Finance Bank files for Rs 998...
Get cashback up to Rs. 1,500 on top-sell...
Akbar Travels makes Dubai tour more exci...
DLF's Q1FY21 consolidated net profit at ...
Weak global cues subdue equities, Sensex...
Axis Bank's Q1FY22 YoY net profit rises ...
More...
 
INDIA WORLD ASIA
CRPF plays pivotal role in preventing es...
Chhattisgarh police arrests wanted Naxal...
6 Assam Police personnel killed in borde...
Naval institute in Kochi celebrates Gold...
Pegasus row: Goa Congress cancels protes...
First-of-its-kind Centre of Excellence t...
More...    
 
 Top Stories
Gujarat: Diamond workers in Surat q... 
Tokyo Olympics: Overhaul of coachin... 
North, South Korea agree to restore... 
Britney Spears' new lawyer files pl... 
PM Modi, Nadda to raise concern at ... 
Get cashback up to Rs. 1,500 on top... 
PM Modi extends greetings to CRPF p... 
Akbar Travels makes Dubai tour more...