After announcing expansion plans in India, Taiwanese tiremaker Maxxis International has signed a lease deed for industrial land in Sanand, India, with the Gujarat Industrial Development Corporation, the Times of India reports.
The Gujarat government also gave Maxxis chairman, Tsai Jen Lo, who signed the lease along with other senior officials from India and Maxxis, an incentive registration as a commitment of “State Support” for the Sanand project.
The company has allocated 35 acres of land for the Sanand plant.