Sri Lanka, Feb. 7 -- Continental Tyres Kalutara, is expanding the global manufacturing footprint of its Specialty Tyres business area in Sri Lanka and signed an agreement with the BOI, value of 13 million Euro by further enhancing local pre-production capacities, its Kalutara plant in the future may produce material handling self-sufficiently.

This ensures an optimized manufacturing process and limits cross-country dependencies in the logistic supply chain. Continental will be investing this amount over the next three years, creating around 200 additional jobs. Customers will benefit from better product availability due to the optimized supply chain.

"Our Kalutara plant is an integral part of our global production network. The most rece...