JK Tyre plans to enter 2- and 3-wheeler market in India

Mumbai, India–JK Tyre plans to enter the fast-growing Indian two- and three-wheeler tyre sector, according to local press reports. Arun Bajoria, president of JK Tyre, was quoted as saying, “We are looking at the two- and three-wheeler tyre markets. The growth in the segment has been absolutely mind boggling and we are interested in having a presence in every segment of the tyre market.”

MRF is reported to be the leader in this segment with 34 percent share in motorbike tyres and 41 percent in…

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