passenger car radial tyre

JK Tyre gets USD 100 mn sustainability-linked loan from IFC

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JK Tyre gets USD 100 mn sustainability-linked loan from IFC

JK Tyre & Industries on Tuesday said it has received a USD 100 million sustainability-linked loan from the International Finance Corporation (IFC). The funding includes USD 30 million for JK Tyre and up to USD 70 million for Cavendish Industries Ltd (CIL), a subsidiary of the company, the tyre maker said in a statement. The … Read more

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

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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