The Board of Directors of JK Tyre & Industries Ltd., in their meeting held on May 26, 2026, officially approved a major capacity expansion project for Truck & Bus Radial (TBR) and Passenger Car Radial (PCR) tyres. This strategic expansion, to be implemented in phases, aims to cater to the robust demand observed across various categories in the Indian tyre industry and ensure the company maintains its strong market presence.

The proposed expansion plan involves increasing the existing production capacity of 210 lakh tyres per annum (including those currently under implementation) by 24%. The company intends to add this capacity by the financial year 2029-30, with a proposed investment of Rs. 4,980 crore to be funded through internal accruals and debt. The expansion of TBR tyres will be centered at the Chennai Tyre Plant (CTP) and the Vikrant Tyre Plant (VTP), while the PCR tyre production capacity will be enhanced at the Chennai Tyre Plant.

JK Tyre & Industries Ltd., established in 1951, is a flagship company of the JK Group and ranks among the top tyre manufacturers globally. The company specializes in producing a wide range of tyres for diverse segments, including commercial, passenger, and farm vehicles, and has pioneered radial technology in India. In 2025, the company continued to focus on manufacturing excellence and technological innovation, frequently appearing in the news for its product launches, such as the ‘Levitas Ultra’, and its efforts in maintaining high capacity utilization. The company holds a significant market position, serving both original equipment manufacturers and the replacement market.

Regarding its financial performance, JK Tyre & Industries Ltd. reported a significant growth trend throughout 2025. In the second quarter of the 2025-26 fiscal year, the company demonstrated strong financial health, with consolidated net profit surging by 63.95% year-on-year. During that period, the company’s consolidated revenue also saw a healthy increase of 10.76% compared to the previous year. Key investors in the company include members of the promoter group, such as the Singhania family, who maintain holding interests.