The JK Group is looking at doubling revenue to $8 billion by 2020, which it hopes to achieve primarily driven by growth in the automotive tyres & tubes, auto components, defense & aerospace, papermaking and other space. JK Tyre, a flagship company of JK Group, is also playing a major role in Group’s growth, Dr Raghupati Singhania, Chairman & Managing Director, proudly says
JK Tyre recently rolled out its 10 millionth truck-bus radial from your Mysuru plant – the first tyre maker in India to do so. How significant is this mile stone in the company’s future plans?
JK Tyre pioneered radial technology for Passenger Car Tyres in India way back in 1977. In 1999, the company, yet again revolutionised the tyre Industry by introducing Truck/Bus All Steel Radial Tyres in India, for Commercial Tyre segments. Since then, JK Tyre has been a leader of Radials in the domestic market and is the No. 1 player in this segment. We are a preferred partner to the large number of leading Commercial Vehicle Original Equipment Manufacturers including Tata Motors, Ashok Leyland, Eicher, Bharat Benz, AMW, Volvo, etc. JK Tyre and Industries Ltd is the only tyre company in India, having three plants of truck and bus radial tyres in India. These plants are strategically located at Mysore, Karnataka Chennai, Tamil Nadu, and Laksar Uttarakhand with a capacity of 3.5 million Truck/Bus tyres per annum. JK Tyre is also the first company in India to export all steel truck radials (both – tube and tubeless radials) to more than 100 countries across six continents – including to the sophisticated markets like, Americas, Africa, Australia, Middle East and South East Asia . We have in place aggressive marketing plans to further widen our presence across the globe.
JK Tyre, understands the Truck Radial market and customer needs better than other tyre manufacturer in India. We have made huge investments to develop infrastructure, educate end users and channel partners, and have driven the Commercial Radial Tyre revolution in India. When we started this journey, we developed Truck Radial
Tyre Care Centres strategically located along highways to provide basic tyre care facilities which were then hard to come by.
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Chasing gold
Worldwide, tyre companies are racing to adapt themselves to the disruptions in the automotive industry by accelerating innovations. A major effort is to find a suitable substitute for natural rubber from Hevea brasiliensis grown mostly in Southeast Asia plantations. It is found that rubber-yielding Russian dandelion, a summer weed, is found to be a suitable replacement for NR from Hevea. The research on commercialising NR from this ‘weed’ is being spearheaded by Dr Katrina Cornish and her group at Ohio State’s College of Food, Agricultural & Environmental Sciences. Her research, which has the potential to revolutionise the rubber and tyre industry, aims to develop industrial rubber crop, which matures much quicker than rubber trees that take as much as seven years to give yield
Making ELT Recycling Profitable
The ELT processing industry worldwide has been growing in double digits. From being a responsibility, obligation or compliance, the sustainability in the ELT is evolving into a profitable industry when conducted judiciously
E-commerce in tyre industry and supply chain
The tyre industry has been traditionally dealer-driven with a human touch, but today is witnessing a direct to consumer model by those manufacturers who have embarked on e-commerce for their business
Brand Sherlock Holmes
Global brand consultant and author Martin Lindstrom startled big company CEOs obsessed with big data when he urged them not to ignore the small details as the key for successful brand building could be discovered there. His conviction that small data is rich data drives him, with permission of course, to look inside the refrigerators or nosing in cupboards in households as he dwells into the minds of consumers who make purchase decisions. He does this as a forensic investigator of small data looking for emotional DNA of the consumer in order to gain insights into the mind and spirit of the consumer. It’s not surprising that CEOs and corporate leaders describe him as ‘Sherlock Holmes of brand consultants’
On High Road
The JK Group is looking at doubling revenue to $8 billion by 2020, which it hopes to achieve primarily driven by growth in the automotive tyres & tubes, auto components, defense & aerospace, papermaking and other space. JK Tyre, a flagship company of JK Group, is also playing a major role in Group’s growth, Dr Raghupati Singhania, Chairman & Managing Director, proudly says
Hoosier: Racing Globally
Hoosier Racing Tire (HRT), the US brand with the vast majority of its racing activities occurring in North America, is now part of the continental Group. continental Tire Americas, subsidiary of the continental group, acquired the company in late 2016.The Lakeville based Hoosier, which also has a location in Plymouth, is now well set in lane to strengthen its position in the racing tyre segment, John De Salle, President, told Tyre Asia in an exclusive interview.
Black Donuts In India: One-Stop For Entire Solutions
Black Donuts engineering Inc. is expanding its footprint in India by opening a new office in Delhi, in association with Dawnsun.
munch chemie
the release agent specialist münch chemie
Demonetisation: Tyre sales unaffected
The impact of the recent demonetisation of Rs500 and Rs1000 notes in India is less on tyre business than in the aftermarket as the trade between auto companies and tyre makers take place through banking and digital cashless transactions
Future Ready
First in the ‘10 million club,’ a strategic acquisition, Leadership Award, entry into 2-wheeler/3-wheeler tyre market – the year 2016 marked a series of highs for India’s global tyre maker JK Tyre & Industries. Strongly positioned in ‘Future Ready’ mode, the company is eyeing bigger achievements
