JK Tyre CMD Highlights ₹1,400 Cr Capacity Expansion at AGM

JK Tyre & Industries Ltd. Chairman & Managing Director, Dr. Raghupati Singhania, addressed the 73rd Annual General Meeting on August 6, 2026. He highlighted significant investments in capacity enhancement, with projects worth ₹1,400 crore commissioned for PCR and TBR tyres, and further projects worth ₹1,130 crore under implementation. The Board also approved an additional investment of ₹4,980 crore for phased capacity expansion. The company achieved strong performance despite global challenges, focusing on premiumisation, customer relevance, and sustainability. Key achievements include the launch of India's first embedded 'SMART' passenger car tyres and the successful amalgamation of Laksar Tyre Plant, which saw capacity utilization rise to 95%. JK Tyre also secured a Care Edge ESG 1+ rating and a Silver Rating from EcoVadis.