JK Tyre & Industries has inked a memorandum of understanding (MoU) with National Automotive Test Tracks (NATRAX) to develop a test track at Pithampur in Madhya Pradesh. NATRAX is one of the automotive testing and certification centres under NATRIP, a flagship project of the Ministry of Heavy Industries. The Pithampur track will be used to test the safety aspect of tyres. It would be testing its future range of products at the facility upon its completion.
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 | 130559.05 |
| Apollo Tyres | 409.20 |
| CEAT | 3325.15 |
| Balkrishna Inds. | 2263.25 |
| JK Tyres & Inds. | 406.10 |
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