JK Tyre's Management On Growth Plans | NDTV Profit
The tyre industry in India is expected to grow at CAGR of 6 to 8% in the next 4 to 5 years, according to JK Tyre's Anuj Kathuria.
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00:00 Overall, our capacity in terms of millions of tires, it is around 34 million tires annually.
00:10 And with this, including the expansion programs, we should see this going up considerably.
00:18 I do not have the numbers handy as of now, but there will be an increase of 10 to 12%
00:26 in the overall capacity based on the CAPEX announcements that we have made.
00:32 And therefore, we expect that this is something which, considering that the tire industry in
00:40 India is expected to grow at a cargo of 6 to 8% in the next four to five years,
00:46 this will play out very well.
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