JK Tyres gives go-head on car, OTR projects

By David Shaw ERJ staff

New Delhi, India — JK Tyre and Industries Ltd has given the go-ahead to its car radial tyre expansion project at Banmore (Gwalior) in INdia. The company is expanding its capacity from the present 4.4 million tyres to 5 million tyres at an approximate cost of Rs. 500 million (euro 7.6 million). In addition The company is also working on a greenfield site project for 2.5 million PCRs with an investment of Rs. 3000 million (euro 46 million)….

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