Goodyear invests $11 mln in retail network in India

Newswire

MUMBAI, Aug 22 (Reuters) - Goodyear India Ltd. said on Tuesday it would invest 500 million rupees ($11 million) to strengthen its sales network in India's fast-expanding automotive market. The unit of Goodyear Tire & Rubber Co. , the largest U.S. tyre maker, manufactures tyres at its plants in Aurangabad in the western Maharashtra state and Ballabgarh in northern Haryana state. Goodyear India will set up 50 shop-in-shop branded stores by the end of 2006 and at least 250 more by ...

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