JK Tyre & Industries announces Rs 4,980 crore expansion for tyre production

Kinjal — Tue, 26 May 2026 13:30:07 +0000

JK Tyre & Industries has announced a significant expansion plan for its Truck & Bus Radial (TBR) and Passenger Car Radial (PCR) tyre production. The expansion, approved by the Board of Directors, aims to increase the production capacity by 24% by the financial year 2029-30.

The company plans to add a capacity of 210 lakh tyres per annum, which includes ongoing implementation projects. This expansion will be carried out at the Chennai Tyre Plant (CTP) and Vikrant Tyre Plant (VTP) for TBR tyres, and at CTP for PCR tyres. Currently, over 90% of the installed capacity is being utilised.

An investment of ₹4,980 crore has been proposed for this expansion, which will be executed in phases. The funding for these projects is planned to be sourced through internal accruals and debt.

JK Tyre & Industries has cited a robust demand across various categories in the Indian tyre industry as the driving factor behind this expansion. The company aims to maintain its market presence by enhancing its production capabilities to meet the growing demand.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Vikrant Tyre Plant | Business Upturn

JK Tyre & Industries announces Rs 4,980 crore expansion for tyre production