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JK Tyre to invest Rs 1,025 crore over two years for capacity expansion

JK Tyre to invest Rs 1,025 crore over two years for capacity expansion

Shahkar Abidi     calendar01 Nov 2023

The project is expected to be funded by way of equity, internal accruals and debt.

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HMSI domestic sales up 9% to 4,62,747 units in October 2023 News
HMSI domestic sales up 9% to 4,62,747 units in October 2023

autherAutocar Professional Bureau calendar01 Nov 2023

While the company recorded 9% growth in the domestic market with 4,62,747 units, the exports grew by 29% to 30,137 uni...

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'Hit from Back' accidents account for 19.5% of road accident fatalities, Govt report reveals News
'Hit from Back' accidents account for 19.5% of road accident fatalities, Govt report reveals

By Shahkar Abidi calendar01 Nov 2023

'Hit from Back' category also claimed the largest share at 21.4 percent.

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JK Tyres reports multifold jump in its consolidated net profit to Rs 249 crore during Q2FY24 News
JK Tyres reports multifold jump in its consolidated net profit to Rs 249 crore during Q2FY24

autherAutocar Professional Bureau calendar01 Nov 2023

The company's subsidiaries Cavendish Industries and JK Tornel, Mexico, continue to perform well, with a significant co...

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One person died every three minutes in road accidents in 2022 News
One person died every three minutes in road accidents in 2022

autherAutocar Professional Bureau calendar01 Nov 2023

Uttar Pradesh tops the list followed by Tamil Nadu.

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Ashok Leyland reports 14% surge YoY in domestic wholesales in October 2023 News
Ashok Leyland reports 14% surge YoY in domestic wholesales in October 2023

autherAutocar Professional Bureau calendar01 Nov 2023

The M&HCV segment grew by 15% to 9411 units during October 2023, as against 8189 units in October 2022.

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MAHLE India inaugurates new R&D facility for electrification in Coimbatore News
MAHLE India inaugurates new R&D facility for electrification in Coimbatore

autherAutocar Professional Bureau calendar01 Nov 2023

the new facility will be part of the MAHLE global R&D organisation.

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Suzuki Motorcycle India records highest-ever domestic sales of 84,302 units in October 2023 News
Suzuki Motorcycle India records highest-ever domestic sales of 84,302 units in October 2023

autherAutocar Professional Bureau calendar01 Nov 2023

This month witnessed the highest ever domestic sales of 84,302 units for SMIPL, while also exporting 16,205 units glob...

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Volkswagen to launch Taigun GT Edge Trail edition on 2 November News
Volkswagen to launch Taigun GT Edge Trail edition on 2 November

By Saptarshi Mondal, Autocar India calendar01 Nov 2023

It will be offered with the 1.5 TSI petrol motor.

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Amara Raja Energy & Mobility reports 12.5% surge in net profit to Rs 226.3 crore in Q2FY24 News
Amara Raja Energy & Mobility reports 12.5% surge in net profit to Rs 226.3 crore in Q2FY24

autherAutocar Professional Bureau calendar01 Nov 2023

The company's consolidated revenues from operations stood at Rs 2959.3 crore, a jump of 9.6%  over the Rs 2700.5 crore...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

63.47%

No

 

36.53%

Total Votes : 709