Times of India | JK Tyre charts over Rs 4,000-crore expansion plan

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JK Tyre has unveiled a Rs 4,980 crore three‑year expansion programme, the biggest among Indian tyre makers, to boost its truck‑and‑bus radial (TBR) and passenger‑car radial (PCR) capacities by 24 % at its Chennai factory and Vikrant plant in Mysuru. The investment, financed through internal accruals and debt, follows strong domestic and export demand, bringing the company’s total installed capacity (including projects under way) to about 210 lakh tyres annually with utilisation above 90 %. In FY 2026 the firm posted record consolidated revenue of Rs 16,384 crore (up 11 % YoY), EBITDA of Rs 2,089 crore (12.8 % margin, up 25 %), and net profit of Rs 774 crore, a 50 % increase.

Read more: https://timesofindia.indiatimes.com/business/india-business/jk-tyre-charts-over-rs-4000-crore-expansion-plan/articleshow/131339242.cms

#JKTyre #Tyremakers #TBR #PCR #Indianmarket

Times of India | Tyre makers step on the accelerator with ₹10K-cr capex in FY27

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India’s leading tyre manufacturers – MRF, Apollo Tyres, CEAT, JK Tyre & Industries and Balkrishna Industries – are gearing up for a massive expansion in FY 27, committing to a combined capital‑expenditure of more than ₹10,000 crore across passenger‑car, truck‑bus, two‑wheeler and off‑highway segments. Apollo Tyres leads with a ₹3,500‑crore plan (about 80 % earmarked for growth), allocating roughly ₹3,000 crore to expand truck and passenger‑radial capacities in India and the remainder for passenger‑car tyre production at its Hungarian plant. MRF will spend over ₹2,000 crore, CEAT is budgeting ₹1,350‑₹1,400 crore – a 25 % rise from FY 26 – while Balkrishna Industries has approved an extra ₹2,000 crore on top of its FY 26 outlay of ₹2,800 crore. JK Tyre intends to invest about ₹1,130 crore to boost truck‑bus, passenger‑car and all‑steel light‑truck radial capacities, operating at over 95 % utilisation in the TBR segment and 90 % overall. Despite robust demand driven by replacement growth, premiumisation and infrastructure‑linked mobility, the firms remain cautious of raw‑material, energy and logistics cost volatility stemming from the West‑Asia crisis, and are poised to pass on price hikes to safeguard margins.

Read more: https://timesofindia.indiatimes.com/city/chennai/tyre-makers-step-on-the-accelerator-with-10k-cr-capex-in-fy27/articleshow/131249972.cms

#ApolloTyres #MRF #Ceat #BalkrishnaIndustries #JKTyre

#JKtyre and Industries Ltd Revitalizes Kolathur Villages pond with 16 Lakh #CSR Initiative #News #event

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