In line with its aggressive expansion plans for India, JK Tyre & Industries has launched a total of 10 new products covering different product segments including passenger cars, trucks and light commercial vehicles. The tyres launched by the company include Ultra High Performance car tyre range called as UX1. These tyres are designed for high end luxury cars such as Audi, BMW and Mercedes. JK Tyre has also launched a new range for hatchback car segment called as Ultima NEO. This tyre helps in fuel savings. In the commercial segment JK Tyre aims to enhance the customer value proposition by offering next generation products which will help in reducing operating costs of the Truck and Bus operators. With these launches JK Tyre plans to increase its turnover by Rs 300 crore. In addition to focusing majorly on India, JK Tyre is also considering organic and inorganic growth in the emerging markets of South-East Asia. The company currently has 9 plants across India and Mexico with an annual capacity of around 20 million tyres. JK Tyre is committed to growing its footprint across newer geographic regions across the globe.
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