Credit rating agency, India Ratings & Research, a Fitch Group company, has assigned improved Long Term Debt Rating for JK Tyre & Industries from ‘A+’ to ‘AA-‘. The outlook is stable.
JK Tyre & Industries is the flagship company under the umbrella of JK Organization. JK Tyre is the pioneer for Steel Radial technology in India. Over the years, the company has expanded and diversified its business portfolio. It has developed into a multi product, multi-location corporate entity.