JK Tyre & Industries Ltd. has signed an MoU with the Tamil Nadu Government to expand its tyre manufacturing operations in Chennai.
The major investment will focus on strengthening Truck & Bus Radial (TBR) tyre manufacturing capacity, supporting Indiaโs growing commercial vehicle and mobility ecosystem.
๐น โน5,143 crore investment
๐น Expansion of tyre manufacturing capacity
๐น Focus on Truck & Bus Radial (TBR) tyres
๐น Around 3,500 new employment opportunities
The expansion further reinforces Chennaiโs position as a major automotive and manufacturing hub, while strengthening Tamil Naduโs role in Indiaโs tyre and mobility value chain.
๐ A significant investment that could further boost manufacturing, employment and industrial growth in the state.
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