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Bridgestone, industry leaders discuss changing market dynamics

DUBAI, July 11, 2023

Bridgestone EMEIA, a global leader in tyres and sustainable mobility solutions, took part in the MEA Presidents’ Meeting to shed light on the future of Middle East and Africa (MEA) markets. 
 
The meeting, which was attended by industry experts and thought leaders, aimed to assess key topics such as the impact of global geopolitical developments in the MEA region, the prospects for interest rates and inflation rates, as well as effective strategies for managing global boards' expectations of the MEA market.
 
Bridgestone's participation demonstrated the company's commitment towards comprehending the changing dynamics of the automotive market and creating business resilience in the face of evolving corporate growth strategies. 
 
Eco-friendly tyres
It is particularly crucial in light of the tyre industry's substantial transformation, which is being driven by trends and innovations such as the shift toward eco-friendly tyres that are fuel-efficient and have a lower environmental impact. Bridgestone is aware of these advances and is actively adapting to these developments as part of the Bridgestone E8 Commitment to evolve into a more resilient and sustainable provider of mobility solutions.
 
As part of the discussion, Gaurav Malhotra, Head of Consumer PBU Middle East and Africa at Bridgestone EMIA, along with Ankur Gupta, Head of Corporate Affairs and Growth Mena, Tata Sons, and Nenad Pacek, Founder and President of the EMEA Business Group, provided important insights on crucial topics. Their collective expertise provided vital insights into the future of MEA markets and the need for investing in technology that enables sustainable transportation.
 
Malhotra commented: “Bridgestone aspires to strengthen its market position and effectively address developing industry advancements by focusing on innovation, sustainability, and customer-centricity. In terms of crisis management and adaptability, our Dubai office overlooks this space with ease, seamlessly navigating the dynamic landscape of the diverse markets we serve. Our participation at the MEA Presidents’ Meeting demonstrates this unwavering commitment to success and our ability to overcome challenges in the face of change, which is also supported by our Bridgestone E8 Commitment. As we move forward, the company will continue to uphold its core values and adapt to emerging changes, further strengthening Bridgestone's position as an industry leader.”-- TradeArabia News Service
 



Tags: Bridgestone | market dynamics |

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