Projects by JK Tyre & Industries Limited in Chennai
Project Information
5006
JK Tyre & Industries Limited
JK Tyre & Industries is planning to double the capacity of its Chennai manufacturing facility to around five million tyres per annum within two years. For this the company will invest over Rs 800 crore. JK Tyre & Industries Chairman & Managing Director Raghupati Singhania said, "We plan to invest over Rs 800 crore on our Chennai plant, thereby doubling the capacity of the facility to around five million tyres per annum over the next two years," . The company has already invested about Rs 900 crore on the Chennai plant and is also in the process of investing Rs 150 crore at its two facilities in Mysore and Kankroli. The company is also planning to spend $25 million at its Mexican subsidiary Tornel to augment capacity by 25% in the next twelve months. JK Tyre & Industries Ltd engaged in manufacturing of automobile tyres, tubes and flaps.
Project Value
INR 800 Crore /-
Conceptual Stage
Chennai
Tamil Nadu
India
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