JK Tyre & Industries Ltd, a leading player in India’s tyre industry and a key manufacturer of radial tyres, has inaugurated Phase III of its capacity expansion and modernization program at its passenger car radial manufacturing facility in Banmore, Madhya Pradesh. The newly expanded manufacturing line was inaugurated by Hisashi Takeuchi, Managing Director and Chief Executive Officer of Maruti Suzuki India Limited, in the presence of Dr Raghupati Singhania, Chairman and Managing Director, and Anshuman Singhania, Managing Director, JK Tyre & Industries Ltd, along with senior leaders from Maruti Suzuki India Limited.
With the commissioning of Phase III, the Banmore plant’s daily production capacity has increased to 30,000 passenger car radial tyres, equivalent to approximately 10.5 million tyres per year. The expansion forms part of JK Tyre’s multi-phase investment plan of over ₹1,000 crore at the Banmore site and reflects the company’s continued focus on strengthening domestic manufacturing to support the growing passenger vehicle market in India.
Dr Raghupati Singhania said the completion of Phase III marks an important step in JK Tyre’s long-term manufacturing strategy and reinforces the company’s role in supporting India’s mobility sector. He noted that rising demand for passenger vehicles has driven the company’s emphasis on capacity enhancement, modernization, and technology adoption. According to him, the Banmore facility has played a central role in JK Tyre’s passenger car radial business, and the latest expansion further strengthens the company’s ability to supply original equipment manufacturers and consumers with reliable, high-quality tyres while contributing to industrial development and job creation in Madhya Pradesh.
The Banmore plant continues to be an important contributor to regional economic activity, supporting both direct and indirect employment in the area. The facility operates with a focus on efficient resource use and responsible manufacturing practices, in line with JK Tyre’s environmental and social priorities. In addition to its manufacturing role, the plant has supported community initiatives in healthcare, adult education, livelihood development, rural infrastructure, and local sports, contributing to social development in surrounding communities.
JK Tyre & Industries Ltd is the flagship company of the JK Organisation and ranks among the world’s top tyre manufacturers, with 11 manufacturing facilities that meet global sustainability benchmarks, including nine in India and two in Mexico. The company produces approximately 35 million tyres annually and was among the first in India to introduce radial tyre technology, producing its first radial tyre in 1977.
JK Tyre operates a global research and technology center, the Raghupati Singhania Centre of Excellence in Mysore, which supports product development through advanced testing and validation capabilities. The company has received recognition for its environmental, social, and governance performance, including a ‘Best in Class’ ESG rating, the British Safety Council’s Sword of Honour for safety across its plants, inclusion among India’s most sustainable companies by Business World, and becoming the country’s first tyre manufacturer to join the RE100 initiative.
