JK Tyres to double capacity at Chennai plant.

JK Tyres said the company would double its capacity at its green field plant at Chennai by the end of this year. The work for the capacity expansion at Chennai plant was going on and likely to start production from November- December, said P Pawan Darshan, General Manager (Sales), North and East India of the company said.

The expansion was being carried at an investment of Rs. 1,500 crore, Darshan, who was in the steel city to take part in the inauguration of one-stop Steel Wheel showroom 'Chawla Tyres (P) Ltd' said. Currently, we are producing 16,000 radial tyres per day of car and trucks and the figure would be 32,000 per day following the commissioning of the expansion project, which was expected by November-December, Darshan said.

The capacity expansion was aimed to cater the growing demand of tyres in the domestic, original equipment manufacturers (OEMs) as well as export, he said, adding that the company has targeted to export 10 to 15 per cent of product.

Deccan Chronicle