JK Tyre & Industries Ltd. on Tuesday inaugurated Phase III of capacity expansion and modernisation at its Passenger Car Radial (PCR) manufacturing facility in Banmore, Madhya Pradesh, marking a significant step in its long-term domestic manufacturing strategy. The expanded facility was inaugurated by Mr. Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India Limited, […]
Apollo Tyres Ltd., one of India’s leading tyre manufacturers, reaffirmed its commitment to sustainable, responsible, and people-centric growth at its 52nd Annual General Meeting held recently. Addressing shareholders, Chairman Onkar Kanwar struck a candid yet forward-looking tone, acknowledging the headwinds of FY25 while outlining a bold agenda for the future. Reflecting on the year, Kanwar […]
Higher demand for vehicles, infrastructure development to spur growth The Indian tyre industry is on course to more than double its revenue to $22 billion by fiscal 2032 from $9 billion in fiscal 2022, according to a report by the Automotive Tyre Manufacturers’ Association (ATMA), based on a comprehensive study by CRISIL Market Intelligence & […]