INDIA-based JK Tyre & Industries Ltd is set to start an INR10 billion expansion plan at Chennai in the next two to three months and is anticipated to be completed in two phases by 2016 to 2017
Vikram Malhotra, Vice President Sales & Marketing, says that the project is expected to double the firm’s capacity at the plant. Likewise, it will eventually become one of JK Tyre’s key facilities for the export markets.
The expansion will increase the firm’s output of 2.5 million passenger car radials (PCRs) to 4.5 million yearly; and 400,000 truck/bus radials to 1.2 million yearly