NATRAX: The automotive leadership conference brought varied stakeholders on a single platform and they discussed and deliberated on the way forward to transform Indian automotive test agencies to be global hub for testing, certification and co-development.
The company - which currently is utilising 95% of its available capacity of 155.11 lakh tyres per annum- plans to expand capacity by about 20% by October 2025. The expansion is proposed to be funded by way of equity/internal accruals and debt. Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries told ET, the company is planning fresh investments to increase capacity amid robust demand in the local market.