Indian tyre industry major and a market leader in the radial tyre segment, JK Tyre & Industries Ltd., today inaugurated the Phase III of capacity expansion and modernisation at its state-of-the-art Passenger Car Radial (PCR) manufacturing facility at Banmore, Madhya Pradesh.
The new modern manufacturing facility was inaugurated by Mr. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, Indias leading automotive manufacturer in the presence of Dr. Raghupati Singhania, Chairman & Managing Director and Mr. Anshuman Singhania, Managing Director, JK Tyre along with other leadership team of Maruti Suzuki India Limited (MSIL).
With the commissioning of Phase III, as part of JK Tyres multi-phase investment strategy of over ₹1,000 crore at the Banmore facility, the plant’s production capacity has
increased to 30,000 passenger car radial tyres per day, translating to approximately 10.5
million tyres annually. This milestone underscores the company’s long-term commitment to domestic manufacturing and Indias growing passenger vehicle
ecosystem.
Speaking on the occasion, Dr. Raghupati Singhania, Chairman & Managing Director, JK
Tyre & Industries Ltd., said, The inauguration of Phase III expansion by Mr. Hisashi
Takeuchi San at our Banmore plant reflects JK Tyres unwavering commitment to
strengthening Indias manufacturing ecosystem and supporting the countrys mobility
growth story. As passenger vehicle demand continues to rise, our focus remains on
incessant capacity enhancement, modernisation, and technology-led innovation.
Banmore has been a cornerstone of our passenger car radial journey, and this expansion
further reinforces our ability to serve OEMs and consumers with high-quality,
sustainable, and future-ready products, while contributing to industrial growth and
employment generation in Madhya Pradesh.
The companys Banmore plant continues to play a vital role in regional industrial
development, supporting direct and indirect employment and contributing to local
economic growth. The facility operates with a strong focus on sustainability, adopting
energy-efficient processes and responsible manufacturing practices aligned with JK
Tyres broader environmental and social commitments. Over the years, the Banmore
plant has also made meaningful contributions to community development in the region,
including initiatives in healthcare, adult literacy, livelihood enhancement, rural
development, and the promotion of local sports, positively impacting the lives of
communities in and around the area.