Hyosung Advanced Materials Corporation
Hyosung's investment will position India as a key manufacturing hub for tyre cord production and global supply chains.
Hyosung Advanced Materials Corporation
Invest India built on its long-standing engagement with Hyosung by supporting the company's tyre cord manufacturing expansion in India. The team conducted comprehensive site assessments across Maharashtra, Tamil Nadu and Andhra Pradesh, evaluating land, infrastructure, logistics, utilities, incentives and ecosystem readiness.
Invest India also mapped technical textile clusters and raw material supply chains, provided comparative incentive analysis and supported project feasibility and investment planning. The continued facilitation enabled the company to identify Nagpur as the preferred location and progress its investment plans in Maharashtra.