JK Tyre capacity expansion
JK Tyre and Industries is planning to pump in Rs 100 crore at its Kankroli plant near Udaipur in Rajasthan. Buoyed by good revenue figures of over Rs 1,400 crore during the second quarter, the company is hoping demand to pick up during the second half of the financial year.The company?s Chennai plant now has an installed capacity of 25 lakh car radials and 4 lakh truck and bus radials that would expanded up to 30 lakh car radials and 6 lakh truck and bus radials post expansion.The company?s Kankroli plant makes tractor tyres and nylon tyres.