ABOUT MICHELIN

Michelin, the leading tire company, is dedicated to enhancing its clients’ mobility, sustainably; designing and
distributing the most suitable tires, services and solutions for its clients’ needs; providing digital services,
maps and guides to help enrich trips and travels and make them unique experiences; and developing high-
technology materials that serve the mobility industry. Headquartered in Clermont-Ferrand, France, Michelin is
present in 170 countries, has 111,700 employees and operates 68 production facilities in 17 countries which
together produced 187 million tires in 2016.

MICHELIN IN INDIA
Michelin came to India almost a decade ago and through a rapidly expanding distribution network, has
established itself as a leading international tyre company in the country. Today, Michelin India offers a range
of tyres, which feature the best of Michelin’s innovative technology, catering to the rising demands of
Passenger Cars, Truck & Bus, Two wheeler & Off Road vehicles. Michelin tyres are designed, produced and
marketed to meet the challenges of mobility in the Indian market. In keeping with its profile as the leading
innovator in the tyre industry, Michelin is working to radialize the truck & bus segment in the country.

DISTRIBUTION NETWORK IN INDIA

In order to ensure that Michelin quality tyres are supported with the highest levels of service, Michelin has
innovated in the distribution space, providing consumers with a much better tyre buying experience

Michelin’s customer touch-points spans across India and comprises of:

• TYREPLUS: a professional, independent and rapidly growing tyre retailer network offering not only
tyres but also other quality products and automotive services at competitive prices, for passenger car
consumers
• MICHELIN PRIORITY PARTNERS: multi branded tyre shops that are designed to provide the best in-
class buying experience to passenger car consumers
• MICHELIN TRUCK SERVICE CENTER (MTSC): among India’s most innovative distribution programs
for truck tyres, MTSC provides world-class services along the highways to meet the service
requirements of India’s commercial vehicle owners. MTSCs are committed to promoting radial tyre
technology usage.
• RECAMIC: provides opportunities for all Truck & Bus customers to extract maximum value from
Michelin radial tyres by improving the second and third lives of Michelin casings.

MANUFACTURING IN INDIA
In 2009, Michelin Group and Tamil Nadu government signed a Memorandum of Understanding (MoU) for
Michelin’s tyre manufacturing plant, 50 km north of Chennai at SIPCOT ThervoyKandigai Industrial Park. This
290 acres facility is currently focussed on manufacturing a range of Radial Truck/Bus tyres.

Michelin has adopted and implemented the Group’s “Green Factory” concept at the Chennai plant. Through
this initiative, over 11000 saplings have been planted at the site.

In Q1, 2014, the manufacturing plant near Chennai started commercial production of MICHELIN radial truck
tyres.In July 2015, the Chennai facility was awarded ISO 9001 and ISO/TS 16949:2009 Quality Management
System Certification. The plant today caters to radial truck and bus tyre requirements of original equipment
manufacturers (OEMs) as well as for the replacement market in the country.

RESEARCH AND DEVELOPMENT IN INDIA

With an annual R&D budget of more than €600 million, Michelin has over 6,000 employees engaged in
research, development and process engineering at Technology Centers in Europe, North America and Asia.

Michelin Technology Center in India is located in Gurgaon and is supported by a materials test laboratory at
Manesar. The Michelin Technology Center in India is focused on radial truck and bus tyreresearch and
development and supports the company’s manufacturing facilities in Chennai, China and Thailand.