JK Tyre board sanctions INR 1100-cr investment for FY25
A market leader in TBR (Truck & Bus Radial tyre) segment in India, the tyre major is looking to expand capacity majorly for the PCR (Passenger Car Radial) tyre category. This comes along with the rising consumer interest in SUVs over the past few years. It is aiming to expand across all its manufacturing facilities and produce 35 million units a year by FY25.
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