The tyres offer low heat generation and a flat tread contour for high endurance and mileage over long distances, says the company while listing the three new
radial tyres as the ContiRT20, the ContainerMaster Radial and the StraddleMaster Radial.
"When it comes to
radial tyres, Michelin has about 70% of the market," said Mr Jean-Pierre Delvert.
Radial tyres can offer low weight but offer fewer opportunities for retreading.
When the whole investment is up and running the
radial tyre annual capacity would grow by some 30% and the total heavy tyre capacity by some 10%.
The global tyre major said in a statement that in addition to the V.ply tyres, its
radial tyres for port applications and its ContiConnect digital tyre monitoring platform will be available in the Middle East by 2019.
Kleber, a company that manufactures
radial tyres for tractors and sprayers, as well as agricultural inner tubes, is launching a new agricultural
radial tyre for the North American market.
Separately, the company has also announced that it will invest Rs 930 crore to set up a new
radial tyre manufacturing facility near Chennai that will have a total production capacity of 29 lakh units per annum.
New
radial tyres: High mileage and endurance for load and carry applications