JK Tyre to Invest 5,000 Cr in New Export Lines

JK Tyre & Industries has announced plans to invest ₹5,000 crore over the next five to six years to expand its production capacity, including the creation of dedicated manufacturing lines for export markets, according to Chairman and Managing Director Raghupati Singhania.

This new investment follows the company’s ongoing ₹4,000 crore expansion cycle, focused on strengthening its manufacturing infrastructure, which is set to conclude in the next quarter. Singhania emphasized that India holds significant growth potential in global tyre markets, and the company aims to substantially increase its export share.

At present, exports account for around 14% of JK Tyre’s total revenue, with products sold in over 110 countries. In response to high tariffs in the US market, the company is pursuing diversification into new international regions to broaden its export footprint and capitalize on emerging global opportunities.

News by Rahul Yelligetti.