JK Tyre & Industries Limited has approved a capacity expansion across multiple tyre categories at its existing manufacturing plants, as part of its plans to address sustained demand in the domestic automotive tyre market. The decision was taken by the company’s board of directors at a meeting held on 6 February 2026.
The expansion covers Truck and Bus Radial (TBR), All Steel Light Truck Radial (ASLTR) and Passenger Car Radial (PCR) tyres, to be implemented at three facilities: the Vikrant Tyre Plant, the Laksar Tyre Plant and the Banmore Tyre Plant. The company said the proposed capacity addition will be completed by the second quarter of financial year 2027–28.
JK Tyre currently has an installed capacity of 20.4 million tyres per annum across TBR, ASLTR and PCR categories, including capacity additions that are already under implementation. Existing capacity utilisation across these categories is over 90 percent of installed capacity.
The approved proposal provides for an incremental capacity addition of 6.5 percent across the three tyre segments. The company has estimated the total investment required for the expansion at INR 11.3 billion. The project will be financed through a combination of internal accruals and debt.
“The Indian tyre industry is witnessing a robust demand across categories, hence an opportunity to increase the company’s market presence further in the automotive tyre market,” the company stated in its stock exchange filing.
The expansion will be carried out at existing sites rather than through greenfield investments. TBR and ASLTR capacity will be expanded at the Vikrant Tyre Plant in Rajasthan, additional TBR capacity will be added at the Laksar Tyre Plant in Uttarakhand, and PCR capacity will be expanded at the Banmore Tyre Plant in Madhya Pradesh.
The company did not disclose plant-wise capital allocation or the incremental production volume expected from each location following the expansion. It also did not provide details on any changes to product mix or manufacturing processes as part of the capacity addition.
JK Tyre & Industries Limited manufactures tyres for a range of automotive segments, including commercial vehicles, light trucks and passenger vehicles. The company operates multiple tyre manufacturing facilities in India and supplies products to domestic and export markets.
