JK Tyre approves ₹1,130 crore capacity expansion
pre-market1 source ↓written by the desknot a recommendation
- capacity expansion
- ₹1,130 crore
- vehicle tyres
- 6.5%
- capacity utilization exceeds
- 90%
JK Tyre & Industries approved a ₹1,130 crore capacity expansion to boost production of commercial and passenger vehicle tyres by 6.5%. This initiative targets Truck & Bus Radial, All Steel Light Truck Radial, and Passenger Car Radial tyres, with completion expected by Q2FY28. Current capacity utilization exceeds 90%.
Not investment advice. For informational purposes only.