# Yokohama to invest additional $171M to double capacity of upcoming Vizag tyre plant

Yokohama Rubber Co announced an additional $171 million investment into its upcoming off-highway tyre plant at Visakhapatnam, Andhra Pradesh, nearly doubling daily capacity from 137 to 257 tonnes.

- Type: Expansion
- Announced: 2021-08-11
- Where: Visakhapatnam, Andhra Pradesh, India
- Value: $171.0M
- Status: announced
- Capacity: 257 tonnes per day
- Products: off-highway tyres
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Yokohama Rubber Co.](https://endata.com/companies/53527.md)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/business/companies/yokohama-to-invest-additional-171-million-to-double-capacity-of-upcoming-vizag-plant-10338261.htm), 2021-08-11: "The capacity is being ramped up by 120 tonnes more at an investment of an additional USD 171 million, taking the total planned capacity to 257 tonne per day."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.