Deals6 Feb 2026, 07:31 pm
JK Tyre & Industries Ltd. to Expand Capacity for TBR, ASLTR and PCR Tyres by 16.5%
AI Summary
JK Tyre & Industries Ltd. announced an expansion plan for Truck & Bus Radial (TBR) Tyres, All Steel Light Truck Radial (ASLTR) Tyres and Passenger Car Radial (PCR) Tyres. The expansion will add a capacity of 1,130 Crore and is expected to be completed by Q2FY28. The company plans to fund this expansion through internal accruals and debt. The rationale behind this expansion is the robust demand in the Indian Tyre Industry across categories, which presents an opportunity for the company to increase its market presence in the automotive tyre market.
Key Highlights
- JK Tyre & Industries Ltd. to expand capacity for TBR, ASLTR and PCR Tyres by 16.5%
- Expansion to add a capacity of 1,130 Crore
- Expected to be completed by Q2FY28
- Funding for the expansion to come from internal accruals and debt
- Expansion driven by robust demand in the Indian Tyre Industry