1.

http://www.bridgestone.com/corporate/news/2010033001.html

Bridgestone to Establish New Plant in India

-Facility will be the company’s second tire production base in an emerging market with
remarkable economic growth-

Tokyo (March 30, 2010) - Bridgestone Corporation announced that its subsidiary in
India, Bridgestone India Private Ltd., will establish a new plant near the city of Pune,
Maharashtra State. This new plant will begin passenger car radial tire (PSR) production
and truck and bus radial tire (TBR) production in response to increasing demand for these
tires in India, which is seeing marked economic growth. Total investment will be
approximately ¥50 billion. PSR production is scheduled to begin in January 2013, and
TBR production is scheduled to begin in August 2013. By year-end 2020, production
capacity is slated to reach approximately 10,000 units per day for PSR and 3,000 units
per day for TBR.

Tire demand in India is expected to grow significantly as automotive production and unit
sales increase in step with the expansion of road infrastructure that is the result of
economic growth. The Bridgestone Group began PSR production at its Indore Plant in
1998 and plans to commence TBR production at that plant in 2011. However, the Group
has now determined that the establishment of a new plant is necessary in order to further
strengthen its supply system in India. The new plant will be built in an industrial estate
near Pune and will have an excellent access to major cities, as it is located 170 km
southeast of Mumbai. Deliveries to our customers will be enhanced and made easier.

Responding rapidly to market trends, the Bridgestone Group will continue to build
production systems that will supply high-quality products to satisfy demand on a global
basis.

The following is a summary of Bridgestone Corporation’s subsidiary in India.

1.Company name: Bridgestone India Private Ltd.

2.Representative: Hiromi Tanigawa
3.Location: Pithampur Industrial Area, near Indore, Madhya Pradesh State
(610 km northeast of Mumbai, 800 km south of New Delhi)
4.Date of establishment: February 1996
5.Capital: 2,753 million Indian rupees
6.Equity ownership: Wholly owned subsidiary of Bridgestone Corporation
7.Number of employees: Approximately 1,280 (as of December 31, 2009)
Further, the following is a summary of the new plant.

1.Planned site for construction of plant:

Chakan Industrial Area, near Pune, Maharashtra State
2.Start of production: Planned by January 2013 for PSR, August 2013 for TBR
3.Site area: Approximately 770,000 square meters
4.Anticipated production capacity:
PSR-Approximately 10,000 units per day, TBR-Approximately 3,000 units per day
(Planned by the end of 2020)
5.Investment: Approximately ¥50 billion

About Bridgestone Corporation:

Bridgestone Corporation, headquartered in Tokyo, is the world’s largest tire and rubber
company. In addition to tires for use in a wide variety of applications, it also
manufactures a broad range of diversified products, which include industrial rubber and
chemical products and sporting goods. Its products are sold in over 150 nations and
territories around the world.

2.
http://www.thehindu.com/business/companies/article825389.ece?service=mobile

Bridgestone to invest Rs. 2,600 cr

CHENNAI, October 11, 2010
Corporate Reporter

Caption:Hiromi Tanigawa (right), Managing Director, Bridgestone India Pvt Ltd and H.
Gonzalez Mori, Director- Sales and Marketing, at a press conference, in Chennai on
Monday. Photo: Bijoy Ghosh

Japanese tyre major Bridgestone is planning to produce truck and bus radial tyres at its
facility in Kheda, near Indore in Madhya Pradesh. The company is also planning to set up
a new factory at Chakan near Pune to increase the capacity of PSR (passenger car radials)
and truck tyres.

Addressing presspersons here on Monday, Hiromi Tanigawa, Managing Director,

Bridgestone India, said the total investment in both the facilities would be of the order of
Rs. 2,600 crore.

The new truck tyre unit would start operations by May next year and would produce 200
tyres a day initially, he said.

Mr. Tanigawa said Bridgestone entered the truck and bus radial tyre market in India in
2006 by launching products from Bridgestone Japan, specifically made to suit the Indian
road conditions.

There was a big rise in demand for truck and bus radial tyres in India due to the
increasing truck population as a result of the growing economy. Bridgestone TBR brand
had already made a mark for itself in the truck and bus market in India due to its superior
performance, he said.
Meanwhile, the company inaugurated its exclusive Bridgestone Fleet Point (BFP) in
Chennai. This would help fleets to reduce maintenance costs and optimise benefits from
Bridgestone radial tyres. T. Uranus, Vice-President and Senior Officer, International Tire
Business Operations of Bridgestone Corporation, Japan, who inaugurated the facility,
said the market in India was changing rapidly with truck and bus manufacturers
launching new global level trucks and buses.

The national highway was expanding rapidly giving enough opportunity for radialisation
in truck and bus tyres, he said. The company's customers include Tata Motors, M&M,
Hyundai and Maruti Udyog.

3.

http://www.business-standard.com/india/news/bridgestone-inaugurates-2nd-
%5Cbridgestone-fleet-point%5C-in-chennai/411391/

Bridgestone inaugurates 2nd 'Bridgestone Fleet Point' in Chennai

Announcement / Corporate October 13, 2010, 19:18 IST

In continuation of its aggressive growth plans, Bridgestone, the world’s no 1 Tyre &
Rubber manufacturer, has announced inauguration of its exclusive Bridgestone Fleet
Point (BFP) at Anand & Co, Chennai, Tamil Nadu.

BFP is a unique service-oriented network which helps fleets to reduce maintenance costs
and optimize benefits from Bridgestone Radial tyres. The one-stop shop, spread over an
area of around 5000 sq. ft, offers New TBR Tyres, Wheel alignment, Balancing, TBR
repair, Nitrogen inflation, Tyre Management Services, & Expert Technical Advice for
truck & bus customers.

The BFP was inaugurated on 11th Oct 2010 by Mr. T. Urano- Vice President and Senior
Officer, International Tire Business Operations of Bridgestone Corporation, Japan, in
presence of Mr. K. Kobayashi-GM, Bridgestone Asia Pacific, Mr. H. Tanigawa-MD,
Bridgestone India, Mr. H. Mori-Director Sales & Marketing, Mr. M. Morimoto-GM
Technical Services Dept, and other Company officials.

Speaking on the occasion, Mr. T. Urano said “The market of India is changing rapidly
and drastically year by year. Truck & Bus OE manufacturers are launching new Global
Level Trucks & Buses. National Highway is expanding nationwide and it gives much
opportunity for “Radialization” in Truck and Bus Tyres too. The India market and
customers are now requiring more durable and better quality product”
In order to reiterate Bridgestone Commitment for India, Mr. Urano said “To meet market
needs and changes, Bridgestone has decided to produce TBR tires at Kheda Factory and
also to establish New Factory near Pune for further increase in both PSR and TBR
production capacity at an investment of 26 Billion Rupees”.

About Bridgestone India:

Bridgestone India Pvt Ltd started its operation in 1996. In March 1998, Bridgestone
started selling Passenger Car Radials from its manufacturing plant in Kheda, MP. In a
short span of 13 years, Bridgestone India became one of preferred passenger radial brand
in both OEM & Replacement market.

Bridgestone entered the TBR market in India in 2006. Bridgestone launched the products
from Bridgestone, Japan made as per Indian conditions & specifications. Bridgestone
brand TBR Tyres has already made a mark for itself in Truck & Bus market in India due
to superior performance.

4.
http://www.tyrepress.com/News/51/India/20808.html

Bridgestone’s new plant, announced in early July, is scheduled to begin TBR production
in August 2013 and produce 3,000 truck and bus radials per day by 2020, along with
10,000 passenger car radials per day. Tyres manufactured there are expected to have 40
per cent localisation, thus educing import duty incurred on shipments from Japan,
Tanigawa said.

According to the managing director, India’s TBR market is currently around 12 million
units a year.