Michelin: Looking at import continuity for PV tyres till production ramps up at Chennai plant: Michelin CEO

Michelin seeks to extend its import license for passenger vehicle tyres in India as it develops local production in Chennai. The company is investing ₹564 crores in the facility. Import restrictions introduced in 2020 have constrained operations. Michelin intends to innovate and compete globally, including projects like NASA's lunar vehicle development.