JK Tyres to invest Rs8 billion on plant in Karnataka
JK Tyre & Industries Ltd plans to set up a greenfield plant and a research and development centre in Karnataka.
JK Tyre & Industries Ltd said on Monday it plans to set up a greenfield plant and a research and development centre in Karnataka at an investment of Rs8 billion to meet increased demand. The company further stated it plans to invest Rs12 billion in the next 3-4 years on capacity expansion.