Expansion26 May 2026, 07:11 pm
JK Tyre Approves ₹4,980 Cr Expansion for TBR & PCR Tyres
AI Summary
JK Tyre & Industries Ltd's Board of Directors approved an expansion plan for Truck & Bus Radial (TBR) Tyres and Passenger Car Radial (PCR) Tyres in phases, with a total investment of ₹4,980 Crore. The expansion includes increasing TBR/PCR tyre production to 210 lakh tyres per annum and achieving over 90% installed capacity. The proposed capacity addition is expected to increase TBR/PCR production by 24% by Financial Year 2029-30. The projects will be funded through internal accruals and debt, driven by robust demand in the Indian tyre industry.
Key Highlights
- JK Tyre approves ₹4,980 Crore expansion for TBR and PCR tyres.
- Expansion aims to reach 210 lakh tyres p.a. with over 90% capacity utilization.
- Capacity addition is projected to increase TBR/PCR output by 24% by FY30.
- Funding will be sourced from internal accruals and debt.
- Expansion driven by strong demand in the Indian tyre industry.
Price Impact
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