JK Tyre and Industries is planning to set up a new R&D centre of excellence in Mysuru. In this regard, the company will invest Rs 100 crore. It will initially have about 200 engineers and scientists and the number will double during the next one year.
The company recently reached a historic milestone when it became the first Indian tyre company to roll out its 10 millionth truck/bus radial tyres from its Vikrant plant at Mysuru. With a tyre capacity of 3.5 million truck/bus radials per annum, the company pioneered radial technology in India, introducing truck and bus radial tyres way back in 1999, becoming the largest producer in this category.
JK Tyre & Industries is a one of the leading tyre manufacturers in India and amongst the top 25 manufacturers in the world with a wide range of products catering to diverse business segments that includes Truck/Bus, LCV (Light commercial vehicles), Passenger Cars, MUV (Multi utility vehicles) and Tractors.
| Company Name | CMP |
|---|---|
| MRF | 139772.66 |
| Apollo Tyres | 445.30 |
| CEAT | 3713.55 |
| Balkrishna Inds. | 2329.80 |
| JK Tyres & Inds. | 428.30 |
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