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India's Great Tyre Build-Out
India’s tyre makers are entering a Rs 18,000-crore investment cycle as factories run near capacity and demand shifts towards larger, premium and more specialised tyres.
05 Oct 2026
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For JK Tyre & Industries, the clearest argument for building more capacity was business it could not take. Over the past two years, the tyre maker says it had export orders that it could not fully service because its plants were stretched and it chose to protect its position in the domestic market.
“In the last two years, we were unable to fully capitalize on our export demand due to capacity constraints,” Chief Financial Officer Sanjeev Aggarwal said. That constraint now sits behind a Rs 4,980-crore brownfield expansion in passenger-car radial and truck and bus radial tyres, in addition ...
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