JK Tyre Expands Production Capacity at Banmore Facility in Madhya Pradesh

JK Tyre Industries has inaugurated Phase III of capacity expansion at its Banmore, Madhya Pradesh facility, increasing production to 30,000 passenger car radial tyres daily, or about 10.5 million annually. This expansion is part of a multi-phase investment exceeding Rs 1,000 crore, aimed at meeting rising passenger vehicle demand through modernization and technology innovation. The facility plays a key role in JK Tyre's manufacturing strategy and supports domestic automotive growth and employment.