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MOTORINDIA
l
May 2012
Firestone Industrial
opens SBU unit
in Gurgaon to expand operations
Firestone Industrial Products Co.
(FSIP), the world’s No.1 air spring man-
ufacturer, is expanding its presence in
the Asia-Pacific market with the estab-
lishment of a strategic business unit
(SBU) in Gurgaon.
Mr. Arun Kumar,
Managing Director, Firestone Industrial Products Asia
“In the last two decades, Firestone Indus-
trial Products has made significant contribu-
tions to the Asia-Pacific air springs market,”
said Mr. Arun Kumar, Managing Director,
Firestone Industrial Products Asia. “Estab-
lishing an enhanced presence with the SBU
is a testimony of our continued commitment
to serve and strengthen these growing mar-
kets on a local level.”
Currently the SBU oversees the operation
of two companies – Beijing Firestone, Chi-
na, and Firestone TVS, an Indian joint ven-
ture since 2007. The SBU facilitates product
distribution in Australia, South Korea, Hong
Kong, Thailand, Malaysia, Indonesia, Tai-
wan, Singapore, Philippines and Vietnam.
The office also is home to the region’s sales,
marketing, engineering, customer service
and finance teams.
Industrial Products entered the Asian and
Indian air spring markets in 1990 and 1992
respectively. In 2006, the company estab-
lished a branch office in Gurgaon, and in
2008 Firestone TVS began manufacturing
air springs in Madurai. The following year,
it opened a distribution center in Singapore.
Firestone Industrial Products specializes
in air spring manufacturing and technol-
ogy with a history of more than 75 years of
research and development on technologi-
cally advanced air springs. Its famous Airide
Focus on components
“India and China are two of the fastest-grow-
ing economies in the world, playing a domi-
nant role in the Asian market. India’s strong
banking, legal and corporate structure makes
it an ideal home for our Asia-Pacific head-
quarters.”
– Mr. Arun Kumar