Mergers & Acquisitions

Maxxis India plans to expand pan-India dealership to 1,000 outlets

Opportunity India Desk
Opportunity India Desk Sep 13, 2018 - 1 min read
Maxxis India plans to expand pan-India dealership to 1,000 outlets image
The company also aims to set up five more plants in the country.

Tyre maker Maxxis India is planning to expand its pan-India dealership to 1,000 outlets by end of this year. The company also aims to set up five more plants in the country.

Bing-Lin Wu, Retail Sales Head of Maxxis India, said, "We believe that distributors and dealers have an integral role to play in Maxxis India’s growth story and our intent is to onboard around 1,000 dealers by end of this year."

"Our target is to expand our network in the west region significantly by the end of this year," he added.

A total of 543 dealers across west India are present in the company. Out of which, 110 dealers are added in Maharashtra alone within this year.

Wu further said, "We aim to capture at least 15 per cent of India’s 2-wheeler tyre market by 2023."

The global vision of Maxxis is to be one of the top five global tyre manufactures by 2026.

Presently, the company serves as an original equipment maker (OEM) tyre supplier to Honda two-wheelers, Maruti Suzuki, Mahindra, Tata and Jeep in India.

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