JK Tyre Plans to Double OTR Sales
(India/Rubber Asia) JK Tyre, one of India’s Big 3 tyre makers, is planning to double its turnover in the off-the-road segment from 350 million to 700 million rupees (roughly £4.35 million – £8.7 million) by next year, local media has reported.
The company is also considering manufacturing tyres for 50 tonne rigid-frame dump trucks and 85 tonne trucks. It currently makes tyres for 35 to 40-tonne dump trucks. These, made for dumpers used in mining and quarries cost between 60,000 and 200,000 rupees (£750 – £2500).