India’s JK Tyre & Industries Ltd. has announced the completion of the first phase of capacity expansion of its manufacturing facility located in Banmore, Madhya Pradesh. With an investment of about INR10,000 million, the company has planned a two-phased expansion…
Tag: JK Tyre
JK Tyre to expand capacity with US$30 mn investment
Having recently received an investment of US$30 million from the International Finance Corporation (IFC), Indian tyre maker JK Tyre and Industries Limited is on an expansion drive. It expects to invest part of this into the manufacturing capacity of its…
JK Tyre gets new testing equipment from Europe
JK Tyre & Industries Ltd. (JK Tyre), an undisputed market leader in truck/bus radials in India, has recently set up European tyre testing equipment to develop its own brand of puncture-proof tyres. JK Tyre remains optimistic on this front, as…