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 scooter tyres.
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Rediff (India) story
Website for JK Tyre
Press releases from JK Tyre
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