JK Tyres Prices & Patterns (January 2025)

JK Tyre & Industries

JK Tyre & Industries Ltd is the flagship company of the JK Organisation, is one of India’s leading tyre manufacturers and a prominent player globally, ranking among the top 25 tyre manufacturers worldwide. The company was founded in 1951 and since then it has been known for its groundbreaking technologies and products, catering to diverse segments of the automotive market.

Genesis of JK Organisation

Founded in the 18th century under the leadership of Lala Kamlapatji and his father Lala Juggilalji, the JK Organisation has grown into a major conglomerate with a workforce of over 40,000 and a global presence spanning over 90 countries. The company is valued at Rs 21,000 crore, with interests in various sectors such as tyres, cement, paper, healthcare, and more.

While JK Tyre & Industries remains the flagship business, other key ventures under the JK umbrella include Fenner India, JK Seeds, Umang Dairies, and JK Agri Genetics. Additionally, the group has a significant presence in clinical research and insurance solutions through CliniRx Tangent Research and JK Risk Managers & Insurance Brokers Ltd.

Education and Healthcare Presence

JK Organisation has also prioritised education and healthcare for the growing generations of India. Through the Lakshmipat Singhania Foundation, the company operates schools across its facilities. The JK Lakshmipat University in Jaipur is shaping the next generation of technocrats and business leaders.

In healthcare, the group runs the Pushpawati Singhania Research Institute for Liver, Renal and Digestive Diseases in New Delhi, the JK Institute of Radiology & Cancer Research in Kanpur, and the Lakshmipat Singhania Institute of Cardiology in Kanpur, providing essential services to employees and surrounding communities.

Innovation and Technological Advancements

JK Tyre has a pioneering role in introducing radial technology in India. In 1977, the company produced the country’s first-ever radial tyre, and today it leads the Truck Bus Radial (TBR) segment, serving a significant portion of the commercial vehicle market.

Achievements in Off-the-Road Tyres

In 2019, JK Tyre made history by entering the Limca Book of Records with the creation of India’s largest off-the-road tyre, the VEM 045. This remarkable achievement further solidified the company's position as an innovator in the global tyre market.

Research and Technology Centres

JK Tyre’s innovation is driven by its global research and technology centre, the Raghupati Singhania Centre of Excellence in Mysore. The centre houses cutting-edge technologies that contribute to the company’s efforts to put India on the global innovation map. The Hari Shankar Singhania Elastomer and Tyre Research Institute (HASETRI) also plays a crucial role in developing competitive technologies for tyres and polymers.

Smart Tyre Technology

JK Tyre has taken significant strides in smart tyre technology, launching India’s first-ever ‘Smart Tyre’ technology. The company introduced Tyre Pressure Monitoring Systems (TPMS) with TREEL Sensors, which monitor critical tyre statistics such as pressure and temperature, enhancing safety and performance.

Manufacturing Facilities and Global Reach

JK Tyre has 11 globally recognised sustainable manufacturing facilities, with 9 in India and 2 in Mexico. These facilities collectively produce around 35 million tyres annually, meeting the needs of customers across multiple segments.

Global Presence

With a presence in 105 countries and over 230 global distributors, JK Tyre has established itself as a global force in the tyre industry. The company operates a widespread network of over 6,000 dealers and more than 600 dedicated brand shops, including Steel Wheels and Xpress Wheels.

Recognitions

Motorsports and Brand Building

For over three decades, JK Tyre has been synonymous with motorsports in India. The company has played a pivotal role in shaping the country’s motorsport infrastructure and has been instrumental in promoting young talent in the sport.

Awards

JK Tyre has been recognised for its calibre in various domains. The company was named in the prestigious Superbrands India list in 2019 for the seventh consecutive year, further solidifying its reputation as a leading tyre brand. Additionally, JK Tyre was featured among India’s Best Companies to Work For in 2019 by Great Place to Work.

In addition, the company also focuses on safety and quality, which was also acknowledged when it received the Sword of Honour for Safety by the British Safety Council for its exceptional safety standards across its plants.

Investments in Expansion

JK Tyre is committed to continuous growth, as evidenced by its recent investment of INR 1,430 crore to expand capacity for truck, bus, and car radial tyres at its Chennai plant. This expansion is set to enhance the company's production capabilities over the next 15 months.

Alongside its tyre business, the JK Organisation is also expanding its cement and paper operations. The JK Lakshmi Cement business announced a Rs 1,550 crore expansion plan involving the establishment of a Greenfield project in Durg, Chhattisgarh. The JK Paper business recently completed a Rs 1,750 crore expansion in Rayagada, Orissa, adding 60% to its production capacity.