JK Tyre to get 30 mn euros long term loan from German entity

JK Tyre to get 30 mn euros long term loan from German entity

JK Tyre & Industries on Thursday said it will receive a long term loan of 30 million euros from Germany’s DEG. The company will invest the funds in a sustainable expansion of production capacities at its Madhya Pradesh-based passenger car radial tyre facility, the tyre maker said in a statement. “The JK Organisation is a … Read more

No brakes on tyre price hikes likely for now

No brakes on tyre price hikes likely for now

Mumbai: Tyre prices in the domestic market that have been rising almost every quarter on the back of a steep increase in natural rubber prices in the international markets are set to rise further as manufacturers have guided for further hikes in the ongoing quarter. According to them an increase of 2-6% taken since the … Read more

JK Tyre Partners With EKA Mobility To Drive EV Innovation

JK Tyre Partners With EKA Mobility To Drive EV Innovation

Last Updated: June 10, 2024, 17:25 IST This collaboration boosts JK Tyre’s position as a leader in Connected Mobility Solutions, offering a unique cloud-based monitoring system. This collaboration between JK Tyre and EKA Mobility is set to transform the EV landscape, promoting sustainable and efficient transportation solutions. JK Tyre & Industries, a giant … Read more

biodiversity loss: Five Indian tyre makers in global top 30 list: ATMA

biodiversity loss: Five Indian tyre makers in global top 30 list: ATMA

Five Indian companies featured among the top 30 tyre manufacturers globally, according to a report by Automotive Tyre Manufacturers’ Association (ATMA). In the ‘Tire Business Magazine’s 38th Global Tire Report’ by ATMA based on revenue in 2022, Apollo, MRF, JK Tyre, CEAT, and Balkrishna Industries (BKT) from India featured in the top 30 list. As … Read more

Construction, PV segments to boost tyre industry: JK Tyre MD Raghupati Singhania

Construction, PV segments to boost tyre industry: JK Tyre MD Raghupati Singhania

Mumbai: Strong growth in the construction equipment and mining segments will be “a shot in the arm” for the tyre industry, in addition to continuing firm demand in the passenger vehicle market, JK Tyre & Industries chairman and managing director Raghupati Raj Singhania said. All the three segments — construction and mining where the vehicles … Read more