Mumbai, Feb. 26 -- Continental is expanding its manufacturing footprint for its speciality tyre business area in Sri Lanka.

The company will invest €13 million over the next three years to enhance local pre-production capabilities at its Kalutara plant, enabling it to produce material handling tyres self-sufficiently in the future. This will optimise the manufacturing process and reduce reliance on cross-country logistics, ultimately improving customer product availability.

The expansion is expected to create around 200 new jobs.

"Our Kalutara plant is an integral part of our global production network. The most recent investment decision is a testament to that. At Kalutara, we manufacture tailor-made speciality tyre products for ...