JK Tyres to double capacity at Chennai plant

JK Tyres will double its production capacity from the current level of 16,000 units per day to 32,000 units per day at its Greenfield project at Chennai plant by the end of this year, reports Economic Times.
JK Tyre expanding the production capacity to cater TO the growing demand of radial tyres in the country, OEMs and exports.
Citing P Pawan Darshan, General Manager (Sales), North and East India at JK Tyres, the newspaper said that the expansion work was going on and production will take place in November-December. For the capacity expansion, the company is pouring in Rs1,500 crore.
The company has targeted to export 10% to 15% of product.

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