JK Tyre to manufacture two wheeler tyres instead of using the trading route.
JK Tyre & Industries Ltd. is a name that has been synonymous with manufacturing of radial tyres for cars, buses & trucks. JK Tyre has now decided to jump into the two-wheeler tyre market to further expand its product range & take on some of the other big boys such as MRF & Apollo who recently launched their two wheeler portfolio in Apollo Acti.
Vivek Kamra, President of JK Tyre spoke of the new venture, “The two-wheeler tyre market is huge & we have the production capacity, so I’m hoping that the growth to 600,000 units a month is not gradual but fast, the production will begin very early next financial year,” he further informed.
The company was previously working on entering the market through the trading route but then opted to return back to manufacturing tyres. Now, with the new decision, the company will supply two-wheeler tyres to OEMs & aftermarket section.