DELHI-based JK Tyre & Industries readies its expansion in South-East Asia to take advantage of the exponential growth opportunities in the region.
According to Dr Raghupati Singhania, CMD of JK Tyres, expanding into the region is to fast track their comapny’s growth too. “Even as there is vast potential in the domestic tyre market with India being the world’s manufacturing hub for compact cars, we have turned our eyes towards South-East Asia for some fast-track expansion. We have encountered some interesting propositions for possible opportunities of acquisition to catapult into a global entity, after the successful integration of our Mexican subsidiary Tornel into the group, ” he says.