JK Tyres to double capacity at Chennai plant

JK Tyres will double its capacity at its greenfield plant at Chennai by the end of this year. The work for the capacity expansion at Chennai plant is going on. The company will start production at Chennai plant from November- December. The expansion is being carried at an investment of Rs 1,500 crore. Currently, the company is producing 16,000 radial tyres per day of car and trucks and the figure would be 32,000 per day following the commissioning of the expansion project. JK Tyre & Industries is the flagship company under the umbrella of JK Organization. JK Tyre is the pioneer for Steel Radial technology in India. Over the years, the company has expanded and diversified its business portfolio. It has developed into a multi product, multi-location corporate entity.