JK Tyre expands car, truck tyre capacity

Indian tyre maker JK Tyre is reportedly investing Rs 1700 million (€30 million) to increase capacity for both car and truck tyres in India.

Raghupati Singhania, vice-chairman of JK Tyre, was quoted in a series of Indian newspapers saying that the company has allocated the funds to expand two of its factories. The car tyre division will be expanded to 3.6 million units/year, from 3.2 million, while truck tyre production will increase to 350 000 units/year, from 250 000. ERJ lists JK Tyre as having three…

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