Michelin to debut in India soon

“We hope the factory will open within three years,” Rollier told Europe 1 radio.
Media reports said Michelin may invest more than one billion euros ($1.39 billion) over 10 years in a factory in the Asian country, but Rollier refused to confirm the figure.

“I cannot tell youthe figure but for a big factory, it’s not far from that,” he said. “One billion euros over 10 years is less than what we invest in France.”